Research and capacity building are two important pillars of our work that will help us meet the challenges that we are facing now and will face in the future. I thank the SEACEN Executive Director and his team for the arrangements they have made for this conference.
Realizing the full potential of central banking  The ultimate objective for central banks is to realize stable and sustainable growth. Operationally, this is going to be achieved through the stability of prices and the financial  6  BIS central bankers’ speeches  system. Having said that, it must also be stressed that this goal is not pursued in a vacuum.