rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    non sort: The
  title info:
    sub title: emerging economies and the threat of financial collapse
  title info: title
  name:
    name part: Pettis, Michael
    role:
      role term: creator
  name:
    name part: Michael Pettis
  type of resource: text
  origin info:
    place:
      place term: xx
    place:
      place term: Oxford,New York
    publisher: Oxford University Press
    date issued: 2001
    date issued: 9999
    issuance: monographic
  language:
    language term: und
  language:
    language term: eng
  physical description:
    form: print
    extent: xix, 245 p.
    extent: ill.
    extent: 25 cm
  abstract: 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
  note: Michael Pettis
  note: Includes bibliographical references (p. 217-227) and index
  subject:
    topic: Financial crises; Loans; Foreign; Debts; External
  classification: 336.3435
  classification: M302
  identifier: 0195143302
  identifier: 9780195143300
  record info:
    record creation date: 210423
    record identifier: TVU_12216