ABSTRACT
Acknowledgements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 83
References . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 83
C AN VOLATILITY, WHICH IS PRESENT in virtually every financial market and usuallythought of in terms of a risky investment’s downside, serve as an ‘engine’ for financial growth? Paradoxically, the answer to this question turns out to be positive.
