Masters in DEVELOPMENT FINANCE
Tahun : 2011Pengarang : Lam, J.
Penerbit : Africagrowth Institute
Ket : Historically the term risk had different meanings to those used today. During the middle ages, the Arabian term risicum was used in the context of good or bad fortune associated with loss or damage arising from sea trade.2 The concept of marine risk, termed rischio and riezgo, was then adopted in 16th Century Europe as European merchants began to trade with Middle Eastern and North African Arab traders. However, the term was still associated with good or bad fortune rather than being a quantifiable concept because the mathematical tools needed to measure risk were yet to be invented.
Ketegori : RISK MANAGEMENT
