Description: Please refer to the section BELOW (and NOT ABOVE) this line for the product details - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Title:Financial Derivatives And The Globalization Of RiskISBN13:9780822334187ISBN10:0822334186Author:Lee, Benjamin (Author), Lipuma, Edward (Author)Description:The 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 Funds, The Derivatives Market Has An Enormous Impact On The Economies Of Nations--Particularly Poorer Nations--Because It Controls The Price Of Money Derivatives Bought And Sold By Means Of Computer Keystrokes In London And New York Affect The Price Of Food, Clothing, And Housing In Johannesburg, Kuala Lumpur, And Buenos Aires Arguing That Social Theorists Concerned With Globalization Must Familiarize Themselves With The Mechanisms Of A World Economy Based On The Rapid Circulation Of Capital, Edward Lipuma And Benjamin Lee Offer A Concise Introduction To Financial Derivatives Lipuma And Lee Explain How Derivatives Are Essentially Wagers--Often On The Fluctuations Of National Currencies--Based On Models That Aggregate And Price Risk They Describe How These Financial Instruments Are Changing The Face Of Capitalism, Undermining The Power Of Nations And Perpetrating A New And Less Visible Form Of Domination On Postcolonial Societies As They Ask: How Does One Know About, Let Alone Demonstrate Against, An Unlisted, Virtual, Offshore Corporation That Operates In An Unregulated Electronic Space Using A Secret Proprietary Trading Strategy To Buy And Sell Arcane Financial Instruments? Lipuma And Lee Provide A Necessary Look At The Obscure But Consequential Role Of Financial Derivatives In The Global Economy Binding:Paperback, PaperbackPublisher:DUKE UNIV PRPublication Date:2004-09-29Weight:0.54 lbsDimensions:0.54'' H x 7.95'' L x 5.35'' WNumber of Pages:224Language:English
Price: 32.42 USD
Location: USA
End Time: 2024-12-03T04:52:24.000Z
Shipping Cost: 0 USD
Product Images
Item Specifics
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money Back
Return policy details:
Book Title: Financial Derivatives And The Globalization Of Risk
Item Length: 8in
Item Height: 0.5in
Item Width: 5.4in
Author: Edward Lipuma, Benjamin Lee
Publication Name: Financial Derivatives and the Globalization of Risk
Format: Trade Paperback
Language: English
Publisher: Duke University Press
Publication Year: 2004
Series: Public Planet Bks.
Type: Textbook
Item Weight: 9.6 Oz
Number of Pages: 224 Pages
