Juyeol Lee: Prospects and challenges for sustained growth in Asia

Welcoming remarks by Mr Juyeol Lee, Governor of the Bank of Korea, at the 2017 MOSF-BOK-IMF-PIIF International Conference "Prospects and Challenges for Sustained Growth in Asia", Seoul, 7 September 2017.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Ladies and gentlemen, honored guests

I am delighted to bid you all a sincere welcome to this conference, hosted jointly by the Ministry of Strategy and Finance, the IMF, the Peterson Institute for International Economics and the Bank of Korea. Let me first express my special gratitude to Managing Director Christine Lagarde, who is here to represent the IMF directly despite her tight schedule. I wish to thank as well President Adam Posen of the Peterson Institute for International Economics, and Director Changyong Rhee of the Asia and Pacific Department of the IMF, who have worked so hard to arrange the joint hosting of this conference starting from the initial planning stage. Appreciation also goes to all of our moderators, presenters and discussants, including First Vice Minister Hyoung-kwon Go, who delivered the welcome address just before, and IMF Economic Counsellor Maurice Obstfeld, who will deliver the dinner speech tonight.