New financial instruments are key to a strong domestic financial market, according to a Group of 20 workshop in 2004. The great thing about innovations such as securitisation and derivative markets, the G-20 continued, is that they allow “a greater diversification of risk”. Whoops!
20國集團(G20)在2004年的一個研討會認為,新的金融工具是培養強大的國內金融市場的關鍵。G20還說,證券化和衍生品市場等創新的偉大之處在于,它們得以“更大程度地分散風險”。唉!
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