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Derivatives and Development

Name: Derivatives and Development
Brand: PALGRAVE MACMILLAN
SKU: 04553996
Price: 58.53 EUR
Availability: InStock
Author: Sasha Breger Bush
ISBN: 9780230338920

A Political Economy of Global Finance, Farming, and Poverty

Sasha Breger Bush

Language

English

Book Hardback

Libristo code: 04553996

Publishers PALGRAVE MACMILLAN, June 2012

Derivatives and Development engages recent efforts to deploy derivatives as tools for economic devel... Full description

Libristo code: 04553996

141 b

58.53 €

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Derivatives and Development engages recent efforts to deploy derivatives as tools for economic development. Even as these complex financial instruments are indicted for their role in the global food and financial crises, they are elsewhere hailed as innovative solutions to poverty and insecurity in rural Africa, Latin America and Asia. The critical analysis undertaken here reveals that derivatives leave much to be desired as development tools. Derivatives markets work in the development context as engines of inequality and instability, aggravating poverty among those they are purported to help and highlighting some of the dangers of neoliberal globalization for the poor.