Governing global derivatives
Subtitle: challenges and risks
By: by Chiara Oldani.
Series: Global finance
Publisher: Ashgate
Published: 2008
Place of publication: Aldershot, Hants, England; Burlington, VT
Language: eng
Number of pages: 205
ISBN-13: 9780754674641
Subjects: Derivative securities
Description: "Governing Global Derivatives analyses the role of the most important financial innovation of the last two decades in a global dimension. The evolution of derivatives, especially Over the Counter (OTC), and the possibility of managing risks tailored to customers' needs, are the basic recipe of ingredients for the success of derivatives. This book focuses on the role of derivatives from a macroeconomic point of view, considering how monetary theory and policy, fiscal policy, investment and the growth process are affected. It fills a gap by rethinking the way financial markets are considered in the macroeconomy and the transmission mechanism of their impulses."--Jacket.
Notes: Includes bibliographical references and index.