It is my great honor to say a few words at the beginning of the 2013 BOJ-IMES Conference. On behalf of my colleagues at the Bank of Japan and myself, I would like to welcome all the participants from the academia, central banks, and international organizations.
This year, we are going to tackle the issue of “Financial Crises and the Global Financial System.” It is no doubt a very familiar theme for all of you. In fact, we have discussed this topic time and again.