It is widely reported that markets are made because different market participants have different views of the opportunities in the market. For every transaction, there may be an agreement on price, but an inevitable complete disagreement on direction of the next move in price. This article...

When companies engage in risk management activities, they can be seen as modifying their distributions of future outcomes. Often, this takes the form of trading off a sure cost for a decrease in some potential risk of loss. Companies may carry out these activities with several goals in mind,...

Introduction -- Development -- Human rights -- Development through trade: utilitarian, social contractarian, and communitarian considerations -- Development and aid: global financial institutions and private donors -- Climate change, sustainable development and the limits of green capitalism --...