My own view is that we in India are still at a rudimentary stage and hence, the banking system needs to urgently work on upgrading its risk identification, management and pricing abilities. 16. An associated issue arising in this context is the growing importance of stress testing.
and R. Kelly (2001), “Thucydides and hegemony: Athens and the United States”, Review of  International Studies, Vol. 27, No 4, pp. 593–609. 2 Many people in the rest of the world may have seen it differently, of course. 3 See europa.eu/european-union/about-eu/eu-in-brief_en. 4 See Pisani-Ferry, J. (2018), “What leadership for tomorrow?”, Introductory note, Les rencontres économiques  d’Aix-en-Provence, 8 July. 5 See Cœuré, B.