Although some see such financial transactions negatively, given the progress in globalization in terms of the real economy and associated needs to hedge various risks associated with economic transactions, such as interest rate risk, foreign exchange risk and credit risk, simply dismissing financial transactions will not help to improve the situation.
In addition, as evidenced by the sovereign debt crisis in Europe, the very credibility of sovereign states is being questioned this year. In such circumstances, maintaining stability in the global financial system is becoming the most important prerequisite for global economic growth.