Recent work on China's accession to the World Trade Organizations pays little attention to the wave of reforms in China …

unexpected loss of liquidity, or trends in globalization and deregulation in financial markets. The analysis finds disturbing … supervision in every country in the world. The paper concludes by identifying reforms that would improve incentives by increasing … transparency and accountability in government and industry alike. "--World Bank web site …

risky, which is consistent with the demise of the U.S. investment banking sector. "--World Bank web site …