Contents -- Foreword -- Preface -- Acknowledgments -- PART I FINANCIAL SECTOR REFORMS: BANKING -- 1 Banking Sector Reform in India -- 2 Reforming China's Banking System: How Much Can Foreign Strategic Investment Help? -- 3 The Banking System Structure in China and India -- PART II FINANCIAL SECTOR REFORMS: SECURITIES MARKETS -- 4 Development of the Securities Market in India -- 5 Development of Securities Markets: The Indian Experience -- 6 Accelerating the External and Internal Opening Up of China's Securities Industry -- PART III FINANCIAL INTEGRATION -- 7 Domestic Financial Liberalization and International Financial Integration: An Indian Perspective -- 8 Putting the Cart Before the Horse? Capital Account Liberalization and Exchange Rate Flexibility in China -- PART IV OTHER POLICIES SUSTAINING GROWTH -- 9 Some Apparent Puzzles for Contemporary Monetary Policy -- 10 Fiscal Policy in China -- 11 Labor Mobility in China and India: The Role of Hukou, Caste, and Community -- PART V INDO-CHINA ECONOMIC COOPERATION -- 12 Indian Economic Development and India-China Cooperation -- 13 India-China Economic Cooperation.