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Financial Derivatives and the Globalization of Risk
Benjamin Lee
€ 27.99
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Description for Financial Derivatives and the Globalization of Risk
Paperback. Cultural studies exploration of the implications of the circulation of increasingly abstract forms of capital in the contemporary global economy. Series: Public Planet Books. Num Pages: 224 pages. BIC Classification: GPQD; KFFM. Category: (P) Professional & Vocational. Dimension: 204 x 133 x 14. Weight in Grams: 250.
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 ... Read more
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 ... Read more
Product Details
Format
Paperback
Publication date
2004
Publisher
Duke University Press United States
Number of pages
224
Condition
New
Series
Public Planet Books
Number of Pages
224
Place of Publication
North Carolina, United States
ISBN
9780822334187
SKU
V9780822334187
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Benjamin Lee
Edward LiPuma is Professor of Anthropology at the University of Miami. He is the author of Encompassing Others: The Magic of Modernity in Melanesia and coeditor of Bourdieu: Critical Perspectives. Benjamin Lee is Professor of Anthropology and Philosophy at New School University and Dean of its Graduate Faculty of Political and Social Science. He is the author of Talking ... Read more
Reviews for Financial Derivatives and the Globalization of Risk
“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.”—Craig Calhoun, president of the Social Science Research Council