With their high technology level and experience, I believe Japanese firms can take the lead in developing innovative, higher value-added goods and services in such areas as robotics, medical treatment and elderly care, medical supplies, biotechnology, and energy. Many newly developed goods and services are likely to contribute to creating a more convenient, comfortable life for the elderly.
The Central Bank of Ireland actively participates in the work of the European Systemic Risk Board (ESRB) and I am a member of the General Board of the ESRB. In addition, we are now the designated macroprudential authority for Ireland.