This year, though, is unique, as I have the privilege of addressing not only members of Rotary Club of Manila but also Rotary Club of Makati West, and Rotary Club of Forbes Park. Time is a curious thing.
The second covers the “Impact of Crisis on Sovereign Debt: Implications for Macro-economy and Inter-linkages with other Policies”. The third focuses on “Financial Stability: Evolving Issues and Challenges in the context of Post-Crisis Macroeconomic and Financial Developments”. Each of these three topics is important in understanding the New Trilemma.