EBOOK Volatility Machine Emerging Economies and the Threat of Financial Collapse - PETTIS MICHAEL

EBOOK Volatility Machine Emerging Economies and the Threat of Financial Collapse
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Autor: PETTIS MICHAEL

 Wydawnictwo: Oxford University Press
ISBN: 9780195349481
EAN: E06AE440EB
Format: 0,0 x 0,0 x 0,0
Oprawa: ...
Stron: ...
Data wydania: 2001
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This book presents a radically different argument for what has caused, and likely will continue to cause, the collapse of emerging market economies. The book asserts that while Wall Street is keenly aware of the implications of capital structure for stability and predictability, it has all but ignored these implications for emerging economies. The book explains how capital structures in emerging markets can be either "e;correlated"e; or "e;inverted"e; and how they systematically act to dampen or exacerbate volatility. it explains how a "e;capital structure trap"e; can force a system into a very mehanical process of collapse.

Książka "EBOOK Volatility Machine Emerging Economies and the Threat of Financial Collapse"
PETTIS MICHAEL