 I'd like to give you some information on the teaching of finance and monetary theory at the Department of Economics at Soras. Now much of the thinking on these issues has been substantially influenced by the great crisis of 2007-2009. That great shock transformed the thinking within economics but also transformed policy across the world in both developing and developed countries. And that has affected how we teach these issues at Soras but also at other universities. The issue there was how to approach economic theory in view of the great shock. How to do empirical work and above all how to begin to generate policy conclusions that would make sense in a world that was obviously unstable and equal and very turbulent. For us at Soras an additional concern was how to make all this work also for developing countries. For a developing world they had changed dramatically over the decades but also since 2007-2009. With the rise of China with the emergence of dynamic and successful developing countries in Asia and elsewhere. And with a great disparity among developing countries. How then to teach finance, how to teach monetary theory and monetary policy in this greatly transformed world the last 10 years. Now at Soras we answer this question, we tackle this in three different ways. First as is our tradition we place great emphasis on political economy. We believe that to make sense of all these transformations and to produce results that we wish to produce you must change students in political economy and we've got excellent people, renowned people across the world who can teach political economy of finance and development in various dimensions of it. We really firmly believe that there is no way that you can tackle these questions globally for developing countries without political economy so we start with that. But on top of it and alongside with it we also teach economic theory, theory of finance and broader economic theory that has to do with monetary issues and so on. We change students in the technical aspects of economics, we expect them to be technically proficient and to be able to combine that with political economy. Political economy helps to understand the economic content of the technical models and other theoretical positions that we teach them for straightforward economics. These two dimensions are not enough. We also insist that our students must have strong area specialization. They must be rooted in particular areas of the world, they must understand how these areas work and they must understand the institutional, legal, historical and other mechanisms through which these countries and areas have become what they are. We believe in applying economics in this particular way, not just through data sets but through knowledge of these aspects of various countries and areas. So we teach finance and development and monetary theory in these ways, utilizing these three different dimensions of teaching and studying and in that respect we're unique. So it's unique. I don't think there's any doubt about that in how our students are trained. We teach them by doing that to understand the world but also to be critical, to be critical and to be ready to think outside the box. It's a unique aspect of SOAS students that gives them a very strong point of recognition in the labor market and elsewhere. It's a special training and they're special graduates, they're SOAS graduates that are recognized very easily across the world. By acquiring this training, by becoming a SOAS graduate in finance and development but also in other areas, you will also have very good placement prospects, which is what happens for our students. These placement prospects typically work in three ways. First, in terms of the public sector in developing countries but also in developed countries. Second, in terms of development organizations, global development organizations that seek SOAS students quite actively. And third, and equally strongly, with the private sector, the private financial sector that appreciates a special training and special understanding that SOAS students have. In all these ways, studying finance and development of SOAS is a wise move to make and I would strongly recommend it to all of you. Thank you.