In What Ways Is Globalization Determining the Policies of Sovereign

question 56

Essay

In what ways is globalization determining the policies of sovereign nation-states in the Global South? Keep in mind especially economic and social policies while framing your answer.

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Definitions:

Arithmetic Average Return

The simple average of a series of returns over a period of time, calculated by summing the returns and dividing by the number of periods.

Jensen's Measure

A performance evaluation measure that calculates the excess return a fund generates over its expected return, given its level of risk.

Risk-Free Return

The theoretical return on an investment with no risk of financial loss, often represented by the yield on government securities such as U.S. Treasury bonds.

Beta

A measure of a security's volatility in relation to the overall market; a beta greater than 1 indicates greater volatility than the market.