Present a Brief Overview of What Has Happened to Financial

question 10

Essay

Present a brief overview of what has happened to financial markets over the past fifteen years. What factors contributed to this phenomenon? What are the implications, if any, for the developing countries?

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Definitions:

Standard Deviation

A measure of the amount of variability or dispersion of a set of values; used in finance to represent the volatility of an investment.

Probability

The measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.

Returns

The profit or loss derived from an investment, often expressed as a percentage of the investment amount.