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Comparative Studies in Society and History
Volume 48

Comparative Studies in Society and History

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Comparative Studies in Society and History
ISSN: 0010-4175

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Volume 48 - January 2006

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Edward LiPuma and Benjamin Lee. Financial Derivatives and the Globalization of Risk. Durham and London: Duke University Press, 2004 (224 pp. + xi)
Bill Maurer
Published online by Cambridge University Press:

14 March 2006, p. 237
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This book is a primer on financial globalization, specifically the emergence and operation of a particular set of complicated financial instruments that the authors see as signaling a far-reaching transformation of the domain conventionally referred to as “the economy:” derivatives. While derivatives have sometimes entered into public consciousness due to scandal, crises, and crime, the authors use derivatives as a window into the new everyday operations of global capital and the new normalcy of “systemic risk”—the risk that the entire international financial and banking architecture may implode.

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Volume 48 - January 2006

CSSH Notes

Edward LiPuma and Benjamin Lee. Financial Derivatives and the Globalization of Risk. Durham and London: Duke University Press, 2004 (224 pp. + xi)

Comparative Studies in Society and History

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Volume 48 - January 2006

CSSH Notes

Edward LiPuma and Benjamin Lee. Financial Derivatives and the Globalization of Risk. Durham and London: Duke University Press, 2004 (224 pp. + xi)