I would first like to express my sincere appreciation to Professor Lee Jong-wha, President of the KEA, and Professor You Hye Mi, the host of today's conference, as well as our guests from abroad, Professor James Morley, Wong Chan Yuan, Joshua Aizenman, Yiping Huang, and Mr. Robert Subbaraman, Head of Global Macro Research at Nomura.
I would also like to welcome all the moderators, speakers, discussants and other participants. The theme of the conference is "The Challenges of Korean Economy after COVID-19: Growth and Stability."