*  *  *  Ladies and gentlemen, First of all let me express my gratitude for being invited today by the Daiwa Anglo-Japanese Foundation to give the Lord Roll Memorial Lecture in front of such a distinguished audience. Throughout his extraordinary life, Lord Roll embodied the classic virtues of an outstanding international negotiator and a sophisticated economist.
Like BAIPHIL, we at the Bangko Sentral believe that for as long as the environment where we operate remains dynamic, there will always be room to enhance governance; it is a continuing journey with no finish line.