In this regard, I would like to convey my sincere appreciation to the relevant institutions, including the OECD and the ADBI, for their enthusiastic efforts to organize this valuable event. Moreover, I hope our most welcome guests, taking the opportunity to attend international conferences hosted in Japan, including this Roundtable, can experience firsthand the great progress Japan has made in recovering from the disaster.
1. Financial markets in Asia: resiliencies and vulnerabilities  How should we evaluate the development of Asian financial markets over the recent past? To answer this question, let me begin by summarizing the resiliencies and vulnerabilities of Asian economies and financial markets at this moment.