The second contribution policy can make is to enhance the flexibility of economic structures so that productive resources such as labor and capital can move smoothly from areas where there is a low need to areas where there is a high need. To this end, the most important thing is a policy conduct that does not impede competition.
Among the major challenges of today's world is the challenge of change, and an occasion like this one provides a forum for us to share perspectives on where changes to the financial sector are heading, and what we may need to do about them, at the individual and at the regulatory levels.