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The Volatility Machine: Emerging Economics and the Threat of Financial Collapse

Michael Pettis




[PDF.bk18] The Volatility Machine: Emerging Economics and the Threat of Financial Collapse

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 | #643338 in eBooks |  2001-05-17 |  2001-05-17 | File type: PDF

||1 of 1 people found the following review helpful.| THE framework for how to view emerging market investing.|By Gregory Blotnick|One of the best books I've ever read. Seminal in providing a framework for how to think about emerging market investing - with a country's assets and liabilities composed as a corporation would lay out theirs. The reveal is that emerging market "management teams" continue to make the same errors over a| |"A welcome departure from the sterile academic debate on the subject of financial crises." -- Institutional Investor, June 2001|From the Back Cover|"Michael Pettis brilliantly demystifies the complexities of global

This book presents a radically different argument for what has caused, and likely will continue to cause, the collapse of emerging market economies. Pettis combines the insights of economic history, economic theory, and finance theory into a comprehensive model for understanding sovereign liability management and the causes of financial crises. He examines recent financial crises in emerging market countries along with the history of international lending since the 1820...

You can specify the type of files you want, for your device.The Volatility Machine: Emerging Economics and the Threat of Financial Collapse   |  Michael Pettis. I really enjoyed this book and have already told so many people about it!

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