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Rollercoaster: the Incredible Story of the Emerging Markets

by Tudor, Gill

  • ISBN: 9780273650096
  • ISBN10: 0273650092

Rollercoaster: the Incredible Story of the Emerging Markets

by Tudor, Gill

  • List Price: $25.00
  • Binding: Hardcover
  • Publisher: Financial Times/Prentice Hall
  • Publish date: 09/06/2000
  • ISBN: 9780273650096
  • ISBN10: 0273650092
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Description: 1998: Emerging markets overheat, and then collapse - - bringing the world financial system to the brink of disaster. What really happened, and why? Could it happen again -- only worse? Rollercoaster is a gripping, wide-ranging narrative of the 1998 financial crisis -- by a world-renowned journalist who covered the events as they took place. It's an authoritative resource for investors and decision-makers -- and a page-turner that'll keep you reading into the night! Gill Tudor starts by taking you right into the thick of the crisis: you are there as the Russian economic meltdown generates panic worldwide, threatening the entire global economy, and throwing millions back into poverty. Then, step back and learn the unreported history of the world's emerging markets: from the 1970s oil shocks, to the Latin American debt crisis of the early '8Os, the rise of the Asian tigers, the end of the Cold War, and the globalization of markets in the '9Os. Finally, watch the 1998 crisis unfold, infecting Asia, then Russia, Latin America, and beyond. See investors run scared, watch hedge funds collapse, and watch the world's top financial officials respond with emergency measures that avert disaster -- for now. Finally, review the wreckage: Have the lessons been learned? Is fundamental global financial reform needed? Will emerging markets ever be the same again? Rollercoaster is compelling reading for everyone concerned with emerging markets: investors, analysts, executives, and citizens alike.
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Seller: Ergodebooks
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