Author: Pettis, Michael
Title: The Volatility Machine: Emerging Economies and the Threat of Financial Collapse
Description: Oxford / New York, Oxford University Press, 2001. orig. boards. 24x16cm, xx,245 pp. Minor rubbing. VG. dustwrapper. ¶ Contents: The Structure of Financial Crises; Capital Structure and Policy Collapse: The Financial Crisis of the Late 1990s; Market Structure Issues; Global Liquidity and Capital Flows; Why Does Rich-Country Capital Flow to Poor Countries; 180 Years of Liquidity Expansion and International Lending;The Contraction of International Lending; The Corporate Finance of Crises; The Theory of Capital Structure and Financial Risk; The Capital Structure Trap; Toward a Theory of Sovereign Capital Structure Management; Debt Restructurings within a Corporate Finance Framework; Conclusion; Conclusion: The New Financial Architecture; Appendix: The Option Characteristics of Sovereign Debt.

Keywords: International Finance, Financial Crises, Emerging Economies, Foreign Loans, External Debts, Capital, Political Economy, Economic History, Economics