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Derivatives and Global Capital Flows: Applications to Asia

  • J. A. Kregel

Abstract

There are four factors involved in the 1997 financial crisis in Asia that have caused surprise. This paper suggests that an understanding of the role of derivatives contracts in facilitating the financial flows to Asia may provide a key to understanding them.

Keywords

Interest Rate Foreign Exchange Credit Risk Credit Rating Hedge Fund 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Cambridge Political Economy Society 2001

Authors and Affiliations

  • J. A. Kregel

There are no affiliations available

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