This is because a wide range of unconventional instruments have been designed and implemented by central banks, and they have continuously worked to refine these instruments by analyzing their effects on the markets, contributing thereby to overcoming of the crisis. I believe that it has been the existence of archives that has made such analyses possible.
I also expect that the Bank of Korea will be able to take its current in-depth analyses one stage further before long. Looking back in the distant future, it will be judged that it was we here today who laid the foundation for the BOK’s becoming a leading central bank.