 DERIVATIVES – BENEFACTION OR CURSE OF CONTEMPORARY ECONOMYJaroslaw Pawlowski
Oeconomia Copernicana, 2011, vol. 2, issue 2, 47-60 Abstract: In the age of twenty-first century a special place among the factors affecting the economic situation of the world is a global financial market with the fastest growing segment of the derivatives. The derivatives are characterized by a relatively high level of risk which is the result of using leverage in their structure. It makes possible to achieve both gains and losses disproportionately high in relation to capital. Intensive development of the derivative market has been trading for around 30 years, the rate is characterized by high growth. Due to risk of using derivatives which could caused negative financial effects and also its role in shaping the world economic situation, which was especially evident during the recent financial crisis, this article is devoted to issue of benefits and risks of derivatives. The aim of this work is attempt to answer the question of derivatives are a benefaction or curse of contemporary economy. To accomplish this objective will be used: a descriptive method, a comparative method, an analysis literature method and case studies. Keywords: derivatives; derivatives market; OTC (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pes:ieroec:v:2:y:2011:i:2:p:47-60 Access Statistics for this article Oeconomia Copernicana is currently edited by Adam P. Balcerzak and Michal Moszynski More articles in Oeconomia Copernicana from Institute of Economic Research Contact information at EDIRC. |
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