I will do so with a firm determination that clear communication – the topic you have chosen for today’s hearing − is crucial for our policy, for our credibility and for the trust people have in us.
And in this regard, Korea’s recently implemented macroprudential policies would be good reference for many Asian countries. Third, Asia should implement structural reforms – which can enhance its growth potential in the face of population aging, increase its labor productivity, and help to stimulate its domestic demand.