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REJNUŠ, O. SMOLÍK, K.
Original Title
Commodity Markets Financialization and its Impact on the Word Economy
Type
conference paper
Language
English
Original Abstract
This paper deals with the financialization of contemporary world commodity markets and its influence on the economy. Firstly, it defines the ways in which this current trend shows itself and then analyzes its impact on the economy. Concurrently the paper tries to find out in what way is the effect positive for the economy as well as in what is negative. The aim of the analysis is also to confirm or refuse the hypothesis that financialization of commodity markets is one of the factors which has contributed to the emergence of modern "financial" crisis and helps its prolongation. The closing part of the paper focuses on the question if this process is beneficial or harmful for the further development of the worlds economy or whether is appropriate to matter in this process or rather waits for the result of the spontaneous development itself.
Keywords
Financialization, commodity markets, world economy.
Authors
REJNUŠ, O.; SMOLÍK, K.
RIV year
2013
Released
11. 6. 2013
Publisher
Masaryk University
Location
Brno
ISBN
978-80-210-6294-8
Book
European Financial Systems 2013. Proceedings of the 10th International Scientific Conference.
Pages from
272
Pages to
278
Pages count
7
BibTex
@inproceedings{BUT101477, author="Oldřich {Rejnuš} and Kamil {Smolík}", title="Commodity Markets Financialization and its Impact on the Word Economy", booktitle="European Financial Systems 2013. Proceedings of the 10th International Scientific Conference.", year="2013", pages="272--278", publisher="Masaryk University", address="Brno", isbn="978-80-210-6294-8" }