Against this background, an analysis of investment in research and development would appear to be particularly important. I am glad that this conference will devote particular attention to that aspect. Today’s world is characterised above all by globalisation. National borders are much less of a barrier for the markets than they used to be.
May I also extend a hand of welcome to my fellow Governors from the Eastern Africa subregion present here today. I heartily thank you for finding time to be in Nairobi. This is indeed a very great honour to the Central Bank of Kenya and our country.