swaps, options and other derivatives aren't just for the financial elite
- Written by Richard Holden, Professor of Economics, UNSW
Paulus van Dorsten/ShutterstockOne of the biggest trends in economics over the past 40 years has been so-called “financialisation” – whereby an increasing proportion of GDP in advanced economies comes from the financial sector.
This has involved the development of ever more sophisticated “financial instruments” such...
Read more: swaps, options and other derivatives aren't just for the financial elite
