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How were the mid-nineteenth century reforms in the Ottoman Empire and Egypt financed? What were the consequences of this financing?
New Capital
Funds raised by a company through issuing new shares or debt to finance its business activities.
Hedge Funds
Investment funds that employ various strategies to earn active return, or alpha, for their investors, often requiring a large initial minimum investment and offering less regulation.
Market-Neutral
Market-neutral is an investment strategy or portfolio designed to neutralize certain market risks by taking offsetting positions, aiming to achieve returns largely independent of the overall market movement.
Risky
Involving exposure to danger or financial loss probabilities.
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