Operations with financial derivatives of corporations from emerging economies
Keywords:
Derivatives, Speculation and corporations from emerging economiesAbstract
As a consequence of the deepening of the international financial crisis during the second semester of 2008, several productive companies from emerging economies have registered enormous losses in the foreign exchange derivatives markets. This fact points to the speculative dynamics of corporations in the financial deregulation environment. This paper aims to articulate this logic of enterprises' behavior with the crisis and to discuss some macroeconomic effects resulting from the financial losses caused by speculative bets in the derivative markets.Downloads
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Published
2009-01-01
Issue
Section
Dossiê Crise Internacional II
License
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How to Cite
Farhi, M., & Borghi, R. A. Z. (2009). Operations with financial derivatives of corporations from emerging economies . Estudos Avançados, 23(66), 169-188. https://journals.usp.br/eav/article/view/10417