Ten years from now, I hope we will have adapted the multilateral system to form one that does not condemn distinct national rules as something illegitimate or inefficient, but one that combines sensible global integration with institutional diversity.
We must provide unwavering support to create an environment in which the private sector can unleash its creative and innovative potentials, thereby expanding investment, creating quality jobs and heightening efficiency. Shifting to an innovation-based economy will entail numerous challenges. However, delaying this process to avoid headwinds will distance us from greater growth potential. Dear members of the Bank of Korea!