Let me discuss how I see these elements from today’s perspective, particularly in the context of the recent experience of the global financial and economic crisis, and draw conclusions with regard to the usefulness of these elements for the future conduct of monetary policy.
Honorary Rotarian Your Excellency, Ambassador for the Embassy of Japan in Barbados Teruhiko Shinada and Mrs. Shinada Sgt-at-Arms Edmond Bradshaw, Past District Governor, David Edwards, and your Partner in Service, Donna Partner in Service of President Hiranand, Nisha Immediate Past President Trevor Sealy and your Partner in Service, Andrea Vice President, Mr. John Jones I also recognise Past District Governor, Milton Inniss Assistant District Governor, Mr. Peterson Downes and your Partner in Service, Lisa President Elect Paul Ashby of the Rotary Club of Barbados and your Partner in Service Gillian President Elect Michael McClean of the Rotary Club of Barbados West and your Partner in Service, Lisa Rotarians and Guests 1  Members of Media Good Evening It is an honour to participate in this Installation Dinner of the Rotary Club of Barbados South.