What Are the Main Factors That Have Contributed to Botswana's

question 5

Short Answer

What are the main factors that have contributed to Botswana's relative economic success compared to other sub-Saharan African countries? Why were these factors not emulated by other SSA countries?

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Definitions:

Markowitz

Refers to Harry Markowitz, an economist who developed modern portfolio theory, emphasizing the importance of diversification and the trade-off between risk and return.

Index Model

In finance, it is a statistical model used to describe the performance of an asset or portfolio relative to a particular benchmark or market index.

Covariance

A measure of how two securities move together, used to assess the degree to which they co-vary.

Assets GM and GE

Refers to the tangible and intangible items owned by General Motors (GM) and General Electric (GE) that are used in their operations to generate revenue.