 Okay, good morning and welcome to this first panel. You see, Tiara is very careful to say first panel rather than opening panel. This panel is called Geoeconomics and Development in a Fragmented World. And in light of the comments you were just making to start us off, it's a very good topic with which to get started. We have a great panel. Now let me just say a couple of things to get us started, if I may. International development and politics, international politics, geopolitics have always been connected. So it's not as if this is something new. The question I think we will explore in this panel is how the relationship is changing and what that means for the way in which we think about development, we think about development cooperation. And I'd like to propose that there are at least three ways in which that relationship is changing. First, we used to think about international development mainly as how to improve living standards, how to deal with poverty within individual countries. It was a country-based approach to thinking about issues. Today we think about international development much more as a set of global challenges which include climate change, pandemics, biodiversity. And while these overlay with countries, the way we think about them has become broader and different. Secondly, because we are thinking about these broader challenges, we can no longer, when we think about development cooperation, simply have the development agency or the development ministry in a rich country deal with their share of how to support development. Now every ministry, every agency, whether it's the financial sector and the role that it plays, whether it's the health ministries around the world, everybody needs to cooperate to be able to deal with global challenges much more so than was the case before. And finally third, even though the need for cooperation is broader to solve these shared challenges, the possibilities of cooperation, the scope for cooperation is becoming more constrained because of the fragmentation in the way in which global politics is organized now and the rivalry amongst great powers. And so we will explore, I hope, all of those issues during this panel.