And as Philippine National Hero Dr. Jose Rizal once said “Ang kabataan ang pag-asa ng ating bayan.” The youth are the hope of our future. Furthermore, the 2006 Citibank Financial Quotient Survey indicated that Filipinos have a financial intelligence quotient of 47.8 points, less than half the maximum score of 100.
Luckily, the issues we have been asked to address today do not leave us at the mercy of nature, but are rather about the choices we need to make to ensure that we harness the good that comes with international capital flows while managing the risk of damage that they admittedly may cause under certain circumstances. 1.