Prof. Dr. Frank Rövekamp is professor for Asian Studies with a focus on Japan and director of the East Asia Institute of the Ludwigshafen University of Applied Sciences. Formerly he worked for over 15 years in industry and held senior management positions in Germany, Japan and Hong Kong. He obtained his PhD in Business Studies from the University of Cologne. His current research interests include international monetary, currency and trade policy.Prof. Dr. Moritz Bälz, LL.M. (Harvard) is professor of Japanese Law and its Cultural Foundations at the Faculty of Law of Goethe University Frankfurt, where he currently also serves as deputy director of the Interdisciplinary Centre for East Asian Studies (IZO). Prior to assuming his current position in 2008, he for several years worked as an attorney with international law firm Freshfields Bruckhaus Deringer in New York and Frankfurt. His research focuses on Japanese business law from a comparative perspective and dispute resolution in Japan.Dr. Hanns Günther Hilpert is Senior Associate in the Research Unit Asia at the German Institute for International and Security Affairs (“Stiftung Wissenschaft und Politik”, SWP), Berlin. Formerly he worked for the German Institute for Japanese Studies (DIJ), Tokyo and the Ifo Institute for Economic Research, Munich. He has written and published many books and articles on the Japanese economy and on Asian trade and economic integration. His current research focuses at various policy oriented economic issues of East Asia.

• 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.

Prof. Dr. Frank Rövekamp is professor for Asian Studies with a focus on Japan and director of the East Asia Institute of the Ludwigshafen University of Applied Sciences. Formerly he worked for over 15 years in industry and held senior management positions in Germany, Japan and Hong Kong. He obtained his PhD in Business Studies from the University of Cologne. His current research interests include international monetary, currency and trade policy.Prof. Dr. Moritz Bälz, LL.M. (Harvard) is professor of Japanese Law and its Cultural Foundations at the Faculty of Law of Goethe University Frankfurt, where he currently also serves as deputy director of the Interdisciplinary Centre for East Asian Studies (IZO). Prior to assuming his current position in 2008, he for several years worked as an attorney with international law firm Freshfields Bruckhaus Deringer in New York and Frankfurt. His research focuses on Japanese business law from a comparative perspective and dispute resolution in Japan.Dr. Hanns Günther Hilpert is Senior Associate in the Research Unit Asia at the German Institute for International and Security Affairs (“Stiftung Wissenschaft und Politik”, SWP), Berlin. Formerly he worked for the German Institute for Japanese Studies (DIJ), Tokyo and the Ifo Institute for Economic Research, Munich. He has written and published many books and articles on the Japanese economy and on Asian trade and economic integration. His current research focuses at various policy oriented economic issues of East Asia.

• 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.

Prof. Dr. Frank Rövekamp is professor for Asian Studies with a focus on Japan and director of the East Asia Institute of the Ludwigshafen University of Applied Sciences. Formerly he worked for over 15 years in industry and held senior management positions in Germany, Japan and Hong Kong. He obtained his PhD in Business Studies from the University of Cologne. His current research interests include international monetary, currency and trade policy.Prof. Dr. Moritz Bälz, LL.M. (Harvard) is professor of Japanese Law and its Cultural Foundations at the Faculty of Law of Goethe University Frankfurt, where he currently also serves as deputy director of the Interdisciplinary Centre for East Asian Studies (IZO). Prior to assuming his current position in 2008, he for several years worked as an attorney with international law firm Freshfields Bruckhaus Deringer in New York and Frankfurt. His research focuses on Japanese business law from a comparative perspective and dispute resolution in Japan.Dr. Hanns Günther Hilpert is Senior Associate in the Research Unit Asia at the German Institute for International and Security Affairs (“Stiftung Wissenschaft und Politik”, SWP), Berlin. Formerly he worked for the German Institute for Japanese Studies (DIJ), Tokyo and the Ifo Institute for Economic Research, Munich. He has written and published many books and articles on the Japanese economy and on Asian trade and economic integration. His current research focuses at various policy oriented economic issues of East Asia.

• 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.