03116nam 2200757un 450 991082367870332120240430182448.00-19-771070-00-19-988171-51-280-83525-70-19-534948-210.1093/oso/9780195143300.001.0001(CKB)1000000000402384(EBL)431191(OCoLC)320902269(SSID)ssj0000268417(PQKBManifestationID)11229392(PQKBTitleCode)TC0000268417(PQKBWorkID)10235684(PQKB)11018378(Au-PeEL)EBL431191(CaPaEBR)ebr10269169(CaONFJC)MIL83525(MiAaPQ)EBC431191(OCoLC)1406783375(StDuBDS)9780197710708(EXLCZ)99100000000040238420010723e20232001 |y |engurcn|||||||||txtccrThe volatility machine emerging economies and the threat of financial collapse /Michael Pettis1st ed.Oxford :Oxford University Press,2023.1 online resource (266 p.)Oxford scholarship onlinePreviously issued in print: 2001.0-19-514330-2 Includes bibliographical references and index.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 Management9. 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;This volume presents a radically different argument for what has caused and likely will continue to cause the collapse of emerging market economies. It explains how capital structures in emerging markets can be correlated or inverted.Oxford scholarship online.Financial crisesLoans, ForeignDebts, ExternalCapitalInternational financeFinancial crises.Loans, Foreign.Debts, External.Capital.International finance.336.3/435Pettis Michael782917DLCDLCUkStDuBDSZStDuBDSZBOOK9910823678703321The volatility machine4013264UNINA