Record Nr.

UNINA9910784756703321

Autore

Pettis Michael

Titolo

The volatility machine [[electronic resource] ] : emerging economies and the threat of financial collapse / / Michael Pettis

Pubbl/distr/stampa


Oxford ; ; New York, : Oxford University Press, 2001

ISBN

0-19-771070-0

0-19-988171-5

1-280-83525-7

0-19-534948-2

Descrizione fisica

1 online resource (266 p.)

Disciplina

336.3/435

Soggetti

Capital

Debts, External

Financial crises

International finance

Loans, Foreign

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Contents; Introduction; Part I: The Structure of Financial Crises; 1. Capital Structure and Policy Collapse: The Financial Crisis of the Late 1990's; 2. Market Structure Issues; Part II: Global Liquidity and Capital Flows; 3. Why Does Rich-Country Capital Flow to Poor Countries?; 4. 180 Years of Liquidity Expansion and International Lending; 5. The Contraction of International Lending; Part III: The Corporate Finance of Crises; 6. The Theory of Capital Structure and Financial Risk; 7. The Capital Structure Trap; 8. Toward a Theory of Sovereign Capital Structure Management

9. Debt Restructurings within a Corporate Finance Framework Part IV: Conclusion; 10. Conclusion: The New Financial Architecture; Appendix: The Option Characteristics of Sovereign Debt; Bibliography; Index;

Sommario/riassunto

Introduction. Part I. The Structure of Financial Crises. 1. Capital Structure and Policy Collapse: The Financial Crisis of the Late 1990's. 2. Market Structure Issues. Part II. Global Liquidity and Capital Flows. 3. Why Does Ric-Country Capital Flow to Poor Countries?. 4. 180 Years of

Liquidity Expansion and International Lending. 5. The Contraction of International Lending. Part III. The Corporate Finance of Crises. 6. The Theory of Capital Structure and Financial Risk. 7. The Capital Structure Trap. 8. Toward a Theory of Sovereign Capital Structure Management. 9. Debt Restructurings