|||"... this book is well researched and includes excellent references ... recommended." |E. Kacapyr, Choice|About the Author|T. V. Somanathan is Director with the World Bank, Washington and is a member of the Indian Admini
While most books on derivatives discuss how they work, this book looks at the contributions of derivatives to overall economic well-being. It examines both the beneficial and adverse effects of derivatives trading from the perspectives of economic theory, empirical evidence and recent economic history. Aiming to present the concepts in a fair, non-ideological, non-mathematical and simple manner, and with the authors' own synthesis, it draws on economic insights from rel...
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