Includes index.

Contents: Finance and financial markets: Financial markets create value -- Value generates risk -- Characteristics of finance -- The Conventional assult on the frontier: Credit needs and related allocation criteria -- Common strategic flaws in efforts to channel credit to the frontier -- Policy and practice that reduce value at the frontier -- Signs of poor fits at the frontier -- Structural, considerations in frontier development : Value for the people : informal finance -- Creating value at the frontier through innovation -- Creation value at the frontier in market niches : the grand synthesis -- A Sustaintable strategy for frontier development : Lending strategies and development leverage -- Defining the role of credit by determining debt capacity -- Principles for responsive intervention at the frontier -- Measuring the results of efforts to expand the frontier -- Annexes: A: The Repayment index -- B: Algebraic treatment of the repayment index.