It is encouraging to find market participants taking a leading role in making the improvements in risk management that will be needed to fully reap the benefits of innovations in credit markets. The third and final challenge I will discuss is that of infrastructure.
Toshihiko Fukui: The dynamism of Asian economies and central bank cooperation in the region Opening remarks by Mr Toshihiko Fukui, Governor of the Bank of Japan, at the International Symposium "Ten Years After the Currency Crisis: Future Challenges for the Asian Economies and Financial Markets", hosted by the Center for Monetary Cooperation in Asia (CeMCoA), Bank of Japan, Tokyo, 22 January 2007.