Advanced Search
MyIDEAS: Login

Derivatives – Benefaction Or Curse Of Contemporary Economy

Contents:

Author Info

  • Jaroslaw Pawlowski

    (Nicolaus Copernicus University)

Registered author(s):

    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 rela-tion 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.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.oeconomia.copernicana.umk.pl/plikidopobrania/2011_2_pawlowski.pdf
    Download Restriction: no

    Bibliographic Info

    Article provided by Polskie Towarzystwo Ekonomiczne Oddzial w Toruniu, Wydzial Nauk Ekonomicznych i Zarzadzania UMK in its journal Oeconomia Copernicana.

    Volume (Year): 2 (2011)
    Issue (Month): ()
    Pages: 47-60

    as in new window
    Handle: RePEc:tru:umkoec:2011:v2:p:47-60

    Contact details of provider:
    Web page: http://www.pte.umk.pl

    Related research

    Keywords: derivatives; derivatives market; OTC;

    Find related papers by JEL classification:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:tru:umkoec:2011:v2:p:47-60. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Adam P. Balcerzak).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.