Introduction -- Why didn't the EU-wide stress tests receive a better reaction? -- Operational features and evolution of the US and EU-wide tests -- Criticisms of stress-testing methodology and of the measurement of bank capital -- Criticism of the height of the target capital ratio in stress...

Evolution of the exchange regime in the reform era : the transition to an equilibrium exchange rate : developments since mid-2005 -- Policy challenges under the existing currency regime : independence of monetary policy : rebalancing economic growth : potential effects on the banking system :...

Cover -- Contents -- Preface -- Acknowledgments -- Introduction -- Chapter 1 Evolution of China's Exchange Rate Regime in the Reform Era -- Transition to an Equilibrium Exchange Rate -- Developments since Mid-2005 -- Chapter 2 Challenges Facing the Chinese Authorities under the Existing Currency...