If, however, the challenges ahead are appropriately addressed, I am confident that we are looking towards a continued period of exciting and eventually very beneficial changes in the financial systems of the euro area. Thank you very much for your kind attention. BIS Review 54/2000  8
BIS Review 83/1998  -2-  The Asian crisis has so far appeared largely as a financial crisis, at least in the eyes of casual observers from abroad. The volatility in financial asset prices - exchange rates, interest rates, equity prices - has been spectacular, and it is not surprising that attention has been attracted in that direction.