* * * Professor Scott, and our hosts from Harvard and the Program on International Financial Systems, thank you for the chance to participate in today’s meeting. Looking around the room, I see a mix of past and current colleagues, from academics, to supervisors and central bankers, to researchers and practitioners in industry.
*** Ladies and gentlemen, It is a great pleasure to speak at this special conference and to discuss with young people like you about current and potential challenges which our economies, with their ever evolving financial systems, are facing at present or will likely be facing in the future.