But as far as price-quoting banks are concerned, price quotation and internal management shall become more clearly defined to eliminate interest transfer  BIS Review 12/2008  3  and other “noises” other than risk premiums outside the system, while such “noises” shall be dealt with by legitimate means.
I would like to express my respect for the decisive leadership of Governor Park. This conference brings together many eminent scholars and central bankers. I am sure that, based on analysis of the bitter experiences of both Japan and Korea, the confluence of their expertise and insights will provide a thought-provoking discussion of this complex issue of stabilization policies. Thank you for your attention.