Our rate of growth, though high in relation to our own performance in the previous fifty years, has fallen short of our expectations and that of what certain other countries have been able to achieve. The miracle of East Asian countries may to some extent have been dimmed by the recent crises in these countries.
We evaluate the CRA performance of the state-chartered banks we supervise and make the ratings and written evaluations public. 1 We currently are improving our examination procedures and examiner training. We also work with our fellow bank regulators to continually improve our implementation of the law.