Satyajit Das: Double-edged Dollar

By: Satyajit Das/ Forbes India

An integrated international financial system certainly reduces economic sovereignty of nations, as the European Union experiment has shown. The issue is compounded by complex derivative instruments that are now arriving in developing nations like India. What is the risk that foreign capital packaged in complex instruments bring to local economies?

Satyajit Das
An expert on financial derivatives and risk management, Satyajit Das, has worked on both the sell and buy sides of the derivatives business for over 30 years. He is the author of a number of key reference works on these subjects. He is also the author of