Abstract

Introduction: Financial Stability in East Asia - A Tentative Assessment.- History and Legal Framework of the People's Bank of China.- The Independence of the Bank of Japan in the Light of Statutory Rules and Central Bank Independence Indices.- The Legal Framework for the European System of Central Banks.- Central Bank Independence in Times of High Fiscal Risk: The Case of Japan.- The Legality of Outright Monetary Transactions (OMT) of the European System of Central Banks.- Externally Imposed Financial Repression, Conflicted Internationalisation of the Renminbi and External Balancing via Wage Adjustment.- Demand and Supply of Shadow Banking in China.- Navigating the Trilemma: Central Banking in East Asia Between Inflation Targeting, Exchange-Rate Management and Guarding Financial Stability.- Concern About Financial Stability Following the Recent U.S. Legal Expansionism: International Law and East Asian Perspectives.- Index.

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