Many of the frontier markets have failed to move forward and are rather struggling to do catch-up with emerging markets. What's going on? How can the situation be reversed?
The newer knowledge era is responsible for emerging markets. The corruption prevalent has made frontier markets fail to move forward. Situation will be reversed after the collapse of the corrupt.
I think regulators should ensure that listed companies have a minimum float ratio. The high ownership concentration in many frontier markets means that turnover tends to be very low and this can lead to market inefficiency.