(Read download) Financial Derivatives and the Globalization of Risk (Public planet books)






#1998058 in eBooks 2004-09-08 2004-09-08File Name: B00EHBSFG4

1 of 1 people found the following review helpful. Great for understanding the implications of derivativesBy AE4EverThis book is great if you are interested in understanding derivatives and how they relate to globalization. This is definitely a book for those seeking a better understanding of how derivatives affect the world we live in, not just how to buy and sell them. The language can be dense at times but well worth it if you are really interested.3 of 5 people found the following review hldquo;The prominence of a new kind of speculative finance capital in organizing global order and disorder is a topic of vital contemporary importance. By addressing this topic, this short, clear account advances the somewhat muddled debates over economic globalization.rdquo;mdash;Craig Calhoun, prThe market for financial derivatives is far and away the largest and most powerful market in the world, and it is growing exponentially. In 1970 the yearly valuation of financial derivatives was only a few million dollars. By 1980 the sum had swollen to nearly one hundred million dollars. By 1990 it had climbed to almost one hundred billion dollars, and in 2000 it approached one hundred trillion. Created and sustained by a small number of European and American banks, corporations, and hedge fun...


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