Thank you again for inviting me to address CEDA's Annual Dinner. Tonight marks the fifth time I have done so, and it continues a long tradition. My first venture to your gathering in 2006 talked about the role of finance in economic development. An important part of the story was that, through history, financial development and innovation went hand in hand with the extraordinary growth in living standards that flowed from the industrial revolution. Another part was that financial development did not come without its risks, which on various occasions in history had materialised in damaging, or even devastating, ... (full story)