BIBLIO is the largest independent book marketplace in the world, with over 100 million books.

Skip to content

The Volatility Machine: Emerging Economics and the Threat of Financial Collapse
Stock photo: cover may vary

The Volatility Machine: Emerging Economics and the Threat of Financial Collapse Hardback - 2001 - 1st Edition

by Michael Pettis

Add to wish list

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

Write a review for this book

There are no reviews for this book yet. Be the first to write a review!

Your review will be anonymous unless you login or create an account first.

Overall rating
Remember: You’re rating the book as a work, not the seller or the condition of the specific copy you purchased!

Important Terms and Guidelines

  • Please focus on the book’s content and context. Also, add any personal comments as to how you enjoyed the book. Substantiate your likes and dislikes. You may make comparisons to other books.
  • Reviews must be at least 140 characters in length.
  • Please do not reveal critical plot elements.
  • This is not a help line. Contact customer support if you need help.
Your review must not include:
  • Obscenities, discriminatory language, or other insulting language not suitable for public domain
  • Advertisements, “spam” content, or references to other products, offers or websites.
  • Email addresses, URLs, phone numbers, physical addresses or other contact information.
  • Overly critical comments about other reviews or reviewers
  • Time-sensitive material (i.e. promotional tours, seminars, lectures, etc.)
  • Availability, price, or alternative ordering/shipping information

From the publisher

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 1820s to argue that the process of international lending is driven primarily by external events and not by local politics and/or economic policies. He draws out the corporate finance implications of this approach to argue that most of the current analyses of the recent financial crises suffered by Latin America, Asia, and Russia have largely missed the point. He then develops a sovereign finance model, analogous to corporate finance, to understand the capital structure needs of emerging market countries. Using this model, he finally puts into perspective the recent crises, a new sovereign liability management theory, the implications of the model for sovereign debt restructurings, and the new financial architecture.

Bridging the gap between finance specialists and traders, on the one hand, and economists and policy-makers on the other, The Volatility Machine is critical reading for anyone interested in where the international economy is going over the next several years.

First line

This section, which consists of two chapters, describes the recent financial crises of 1994-99, and lists their major characteristics.

Details

  • Title The Volatility Machine: Emerging Economics and the Threat of Financial Collapse
  • Author Michael Pettis
  • Binding Hardback
  • Edition number 1st
  • Edition 1
  • Pages 272
  • Volumes 1
  • Language ENG
  • Publisher Oxford University Press, Cary, North Carolina, U.S.A
  • Publication date 2001-05-17
  • Illustrated Yes
  • Features Bibliography, Illustrated
  • ISBN 9780195143300 / 0195143302
  • Weight 1.22 lbs (0.55 kg)
  • Dimensions 9.44 x 6.43 x 0.84 in (23.98 x 16.33 x 2.13 cm)
  • Reading level 1580
  • Category Business / Economics / Finance
  • Library of Congress subjects Capital, Financial crises
  • Library of Congress Catalogue Number 00049180
  • Dewey Decimal Code 336.343

Media reviews

Citations

  • Choice, 03/01/2002, Page 1290

About the author

Michael Pettis is a Managing Director at Bear Stearns, a New York investment bank and an adjunct professor at Columbia University where he teaches courses in international finance. He has been involved in emerging markets, both as an investment banker and as a sovereign adviser, since 1987. In addition, he has written extensively on the subject, on specialized financial topics, and on policy.
Back to top↑

More Copies for Sale

Show all copies
The Volatility Machine: Emerging Economics and the Threat of Financial Collapse
Stock photo: cover may vary

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

by Pettis, Michael

  • Used
  • Hardback
Condition
Used
Edition
Illustrated
Binding
Hardcover
ISBN 10 / ISBN 13
9780195143300 / 0195143302
Quantity available
1
Seller
Greener Books Ltd
Item price
A$40.93
A$33.23 Delivery to USA

Show details

Description:
Oxford University Press, 05/17/2001. Illustrated. Hardcover. Used; Good. **WE SHIP WITHIN 24 HRS FROM LONDON, UK, 98% OF OUR ORDERS ARE RECEIVED WITHIN 7-10 DAYS. We believe you will be completely satisfied with our quick and reliable service. All orders are dispatched as swiftly as possible! Buy with confidence! Greener Books.
Add to wish list
Item price
A$40.93
A$33.23 Delivery to USA
The Volatility Machine: Emerging Economics and the Threat of Financial Collapse
Stock photo: cover may vary

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

by Pettis, Michael

  • Used
  • Very good
  • Hardback
Condition
Very good
Binding
Hardcover
ISBN 10 / ISBN 13
9780195143300 / 0195143302
Quantity available
1
Seller
World of Books Ltd
Item price
A$41.46
A$16.76 Delivery to USA

Show details

Description:
Hardback. Very Good.
Add to wish list
Item price
A$41.46
A$16.76 Delivery to USA
The Volatility Machine: Emerging Economics and the Threat of Financial Collapse

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

by Pettis, Michael

  • Used
  • Good
  • Hardback
Condition
Good
Binding
Hardcover
ISBN 10 / ISBN 13
9780195143300 / 0195143302
Quantity available
1
Seller
World of Books Ltd
Item price
A$41.46
A$16.76 Delivery to USA

Show details

Description:
Hardback. Good.
Add to wish list
Item price
A$41.46
A$16.76 Delivery to USA
The Volatility Machine: Emerging Economies and the Threat of Financial Collapse

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

by Michael Pettis

  • New
  • Hardback
Condition
New
Binding
Hardcover
ISBN 10 / ISBN 13
9780195143300 / 0195143302
Quantity available
10
Seller
The Saint Bookstore
Biblio Top Seller
Item price
A$81.20
A$19.46 Delivery to USA

Show details

Description:
Hardback. New. 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.
Add to wish list
Item price
A$81.20
A$19.46 Delivery to USA
The Volatility Machine: Emerging Economics and the Threat of Financial Collapse

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

by Michael Pettis

  • New
  • Hardback
Condition
New
Binding
Hardcover
ISBN 10 / ISBN 13
9780195143300 / 0195143302
Quantity available
355
Seller
Ria Christie Collections
Item price
A$82.14
A$15.63 Delivery to USA

Show details

Description:
Hardcover. New. New Book; Fast Shipping from UK; Not signed; Not First Edition; 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 i
Add to wish list
Item price
A$82.14
A$15.63 Delivery to USA
The Volatility Machine: Emerging Economies and the Threat of Financial Collapse

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

by Michael Pettis

  • New
  • Hardback
Condition
New
Binding
Hardcover
ISBN 10 / ISBN 13
9780195143300 / 0195143302
Quantity available
10
Seller
The Saint Bookstore
Biblio Top Seller
Item price
A$86.39
A$19.46 Delivery to USA

Show details

Description:
Hardback. New. 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.
Add to wish list
Item price
A$86.39
A$19.46 Delivery to USA
The Volatility Machine : Emerging Economics and the Threat of Financial Collapse
Stock photo: cover may vary

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

by Pettis, Michael

  • Used
Condition
Used
ISBN 10 / ISBN 13
9780195143300 / 0195143302
Quantity available
1
Seller
Better World Books
Biblio Top Seller
Item price
A$65.00
Free Delivery to USA

Show details

Description:
Oxford University Press, Incorporated. Used - Very Good. Pages intact with possible writing/highlighting. Binding strong with minor wear. Dust jackets/supplements may not be included. Stock photo provided. Product includes identifying sticker. Better World Books: Buy Books. Do Good.
Add to wish list
Item price
A$65.00
Free Delivery to USA
The Volatility Machine: Emerging Economics and the Threat of Financial Collapse
Stock photo: cover may vary

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

by Pettis, Michael

  • Used
  • Hardback
  • first
Condition
Used
Edition
1
Binding
Hardcover
ISBN 10 / ISBN 13
9780195143300 / 0195143302
Quantity available
1
Seller
Ergodebooks
Item price
A$101.90
Free Delivery to USA

Show details

Description:
Oxford University Press, 2001-05-17. 1. hardcover. Used: Good. 6.43x0.84x9.44. Buy with confidence. Excellent Customer Service & Return policy.
Add to wish list
Item price
A$101.90
Free Delivery to USA
The Volatility Machine
Stock photo: cover may vary

The Volatility Machine

by Pettis, Michael,

  • New
Condition
New
ISBN 10 / ISBN 13
9780195143300 / 0195143302
Quantity available
5
Seller
GreatBookPrices
Item price
A$104.12
A$5.81 Delivery to USA

Show details

Description:
new.
Add to wish list
Item price
A$104.12
A$5.81 Delivery to USA
The Volatility Machine: Emerging Economics and the Threat of Financial Collapse
Stock photo: cover may vary

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

by Pettis, Michael

  • Used
  • Good
  • Hardback
Condition
Good
Binding
Hardcover
ISBN 10 / ISBN 13
9780195143300 / 0195143302
Quantity available
1
Seller
Ausvora INC
Item price
A$112.47
Free Delivery to USA

Show details

Description:
Oxford University Press. hardcover. Good. 0x0x0. Buy with confidence. Excellent Customer Service & Return policy.
Add to wish list
Item price
A$112.47
Free Delivery to USA
Show all copies
Back to top↑

Please wait a moment while we load the requested page.