Abstract
Those concerned with levels of economic growth, investment, employment, wages and the like frequently look at data on financial markets with bemusement. Why do global financial markets turn over each year about 100 times more than is needed to fund international trade? What goes on in these financial markets, and is it necessary if they are not supporting the ‘real’ activities of production and investment?
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Copyright information
© 2006 Dick Bryan and Michael Rafferty
About this chapter
Cite this chapter
Bryan, D., Rafferty, M. (2006). Speculation, Derivatives and Capital Controls. In: Capitalism with Derivatives. Palgrave Macmillan, London. https://doi.org/10.1057/9780230501546_8
Download citation
DOI: https://doi.org/10.1057/9780230501546_8
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-51863-0
Online ISBN: 978-0-230-50154-6
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)