The imposition of British rule {as in Egypt in 1882} practically amounted to a 'no default' guarantee; the only uncertainty investors had to face concerned the expected duration of British rule.
The establishment of British control over Egypt in 1882 effectively provided investors with a sense of security, as their investments were safeguarded by this colonial rule. The British presence ensured that the financial environment was stable, leading to a 'no default' guarantee for those investing in the region. This reduced the risks typically associated with investment, especially in less stable regions.
However, the primary concern for investors during this period was not the safety of their investments, but rather the longevity of British governance in Egypt. The uncertainty regarding how long Britain would maintain its rule added a layer of unpredictability to the financial landscape, influencing investment decisions and strategies.
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