Abstract
ABSTRACT One way of risk management in today's global financial markets is using financial derivative products in risk management and their usage has rapidly been increasing day by day. The derivative products came to the fore of economic agenda with the latest global financial crisis; these products as a way of risk management were thought to cause this crisis. In contrast to these thoughts, derivative products to cause the crisis, they aren't the real cause of the crisis, but there are problems originated from not using them properly in risk management. Shortly, the subject is controversial. The aim of this paper is to give information about the derivative products and the problems about their usage in financial markets, to discuss the effects of derivative products on global financial crisis in 2008 and to make conclusions and proposals accordingly.
Abstract
ÖZET Günümüzde dünya finansal piyasalaryndaki risklerin yönetilmesinin bir yolu da finansal türev ürünlerin kullanylmasydyr ve bu ürünlerin kullanymy da çok büyük bir hyzla artmaktadyr. Türev ürünler en son ya?anan küresel finansal krizle birlikte ekonomi gündemine oturmu? ve risk yönetimi aracy olarak kullanylan bu ürünlerin aslynda bu krizin sebebi oldu?u yolunda çe?itli görü?ler öne sürülmü?tür. Türev ürünlerin krizin sebebi oldu?u yolundaki görü?lere kar?yn aslynda bu ürünlerin krizin sebebi olmady?y, ancak do?ru kullanylmamasyndan kaynaklanan sorunlar ya?andy?yna dair görü?ler de vardyr. Kysaca konu tarty?malydyr. Bu çaly?manyn amacy, türev ürünler hakkynda bilgi vermek, türev ürünlerin finansal piyasalarda kullanymyny açyklamak, türev ürünlerin 2008 küresel finansal krizine etkisini tarty?arak sonuçlar çykarmak ve öneriler geli?tirmektir.
Details
| Primary Language | Turkish |
|---|---|
| Journal Section | Finance |
| Authors | |
| Publication Date | April 1, 2011 |
| Published in Issue | Year 2011 Volume: 6 Issue: 3 |