100 trips to the moon
Slow Finance by Gervais Williams, £20, ISBN 978 1 4081 5163 1 (183 pages) www.bloomsbury.com
Do you know that a quadrillion exists? It is a thousand trillion – yet this unimaginable sum represents the scale of outstanding commitments of over the counter swap contracts made between financial institutions worldwide. The orientation of the financial sector has become increasingly skewed towards large and international, making the links between savers and the financial markets less coherent.
Just as the Slow Food movement is a reaction against the food industry losing sight of its original purpose, Slow Finance explores how investment will show parallel trends.
- Issue:
- January 2012

Author: Stephanie Hawthorne
Stephanie Hawthorne has been editor of Pensions World since 1989.