Michael Pettis says Paul Volcker and Toyoo Gyohten’s 1992 book offers a detailed look at how the global financial system was managed through three turbulent dec

Michael Pettis says Paul Volcker and Toyoo Gyohten’s 1992 book offers a detailed look at how the global financial system was managed through three turbulent decades. The revisit underscores his broader focus on imbalances, China risks and policy stability.