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The rapid increase in international trade and financial integration over the past decade and the growing importance of emerging markets in world trade and GDP have inspired the IMF to place stronger emphasis on multilateral surveillance, macro-financial linkages, and the implications of globalization. The IMF's Consultative Group on Exchange Rate Issues (CGER)--formed in the mid-1990s to provide exchange rate assessments for a number of advanced economies from a multilateral perspective--has therefore broadened its mandate to cover both key advanced economies and major emerging market economie

Preliminary Material /Yang Dongping -- China's Long Green March: Crises and Opportunities /Hu Kanping and Yang Dongping -- Blue-Green Algae Bloom in Taihu Lake: Refl ections on Pollution and Development /Zhang Ke -- Water Crisis in Chinese Cities in 2007 /Jiang Mingzhuo -- A Health Checkup on the Ecology of the Yangtze River /Wang Yongchen -- The Impact of Climate Change on China /Liu Haiying -- Climate Change and Extreme Weather Events in China in 2007 /Huang Lei -- China and Climate Change from the Perspective of International Civil Society /Fu Tao -- Climate Change and Chinese Youth's Attitudes towards Consumption /Zhang Kejia -- Green Olympics and Environmental Improvements in Beijing /Li Jiao -- How Far is Beijing from Being an Eco-city? /Feng Yongfeng -- Progress in Energy Conservation and Emissions Reduction /Zhao Wengeng -- Green Commuting and Public Participation /Kang Xue -- Progress and Problems in China's Construction of an Environmental Legal System /Xu Kezhu , Song Wanzhong and Zhu Fen -- Green Credit Policy in China /Yu Xiaogang -- Challenges for Strategic Environmental Impact Assessments /Qie Jianrong -- Refl ections on Environmental Mass Incidents in China /Tong Zhifeng -- Annual Indexes: Environmental Trends /Yang Dongping -- Terminological Glossary /Yang Dongping -- Index /Yang Dongping.