It is one thing to attract capital flows, another to ensure realized benefits from them.

• It is one thing to attract capital flows, another to ensure realized benefits from them.

• Conditions that would ensure capital inflows are also necessary to ensure benefits from them do not remain elusive.

• Among the common local absorptive capacity across the different capital flows is financial market development.

• So I repeat the empowerment message: it is domestic policies that ensures benefits from global events.