Readership: Scholars and students of American finance and economics.
Michael Pettis, Adjunct Professor, Columbia University
"A source of new and enlightening perspectives for a wide range of the subjects of financial analysis and policy making for emerging financial markets." - The Financial Regulator
"A cogent and compelling essay on the dynamics of emerging market crises ... Pettis's book offers invaluable insights into the dynamics of emerging market crises and provides important lessons for emerging market policy makers, investors, rating agencies, international institutions and anyone interested in emerging market finance. Moreover he has succeeded in delivering a punchy and highly readable volume" - The Business Economist
"The Volatility Machine provides a welcome departure from the sterile academic debate on the
subject of financial crisis. Economists may quibble ... but would be wise not to ignore [Pettis's] insights into how they can exacerbate external risks." - Institutional Investor