Michael Pettis: 2 books

Book cover of The Great Rebalancing

The Great Rebalancing

Trade, Conflict, and the Perilous Road Ahead for the World Economy - Updated Edition

by Michael Pettis, Michael Pettis
Language: English
Release Date: October 26, 2014

China's economic growth is sputtering, the Euro is under threat, and the United States is combating serious trade disadvantages. Another Great Depression? Not quite. Noted economist and China expert Michael Pettis argues instead that we are undergoing a critical rebalancing of the world economies....
Book cover of The Volatility Machine

The Volatility Machine

Emerging Economics and the Threat of Financial Collapse

by Michael Pettis
Language: English
Release Date: May 17, 2001

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...
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