FUTURES MARKETS AND LOW INCOME COUNTRY RISK MANAGEMENT
| dc.creator | Tschirley, David L. | |
| dc.date | 2017-04-01T15:09:48Z | |
| dc.date.accessioned | 2026-07-09T03:00:44Z | |
| dc.description | To many people, futures trading is a little understood and rather suspicious activity. The word most often associated with this trading is "speculation", the idea being that most of those involved in futures markets are gamblers in a high stakes game seeking profit at the expense of those outside the game. Any relationship between futures markets and cash markets is generally seen in a negative light - futures trading causing "speculative booms" which distort cash markets and harm many honest traders not directly involved in futures. The idea that futures trading might be a valuable risk management tool for farmers, processors, and other market participants is generally neither understood nor readily accepted. This paper is directed toward professionals, economist and non-economist alike, with an interest in the management of import and export risk by LIC's. Ths paper assumes only a basic knowledge of economics, and little or no familiarity with futures markets. It focuses on futures markets while recognizing that they are but one of a number of available risk management tools. | |
| dc.identifier | doi:10.22004/ag.econ.11093 | |
| dc.identifier | https://ageconsearch.umn.edu/record/11093/files/pb87ts01.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/11093 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/524765 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/11093 | |
| dc.title | FUTURES MARKETS AND LOW INCOME COUNTRY RISK MANAGEMENT | |
| dc.type | Text |
