Some observers have suggested that virtually every major financial system problem in the last two or three decades was caused, directly or indirectly, by unsound macroeconomic policies.
This event reminds me of what the late American President John F. Kennedy once said, and I quote: “Let us think of education as the means of developing our greatest abilities, because in each of us there is a private hope and dream, which, fulfilled, can be translated into benefit for everyone and greater strength for our nation.” Ladies and gentlemen, it is in this spirit that I ask that we continue to work together to nurture excellence in finance education.