It is an honor and a pleasure participating in this conference in honor of Vittorio Corbo. He has been a major contributor to the thinking on economic theory and policy with respect to development as an academic as a World Bank official as a consultant and as Governor of the Banco Central de Chile. I first met Vittorio in connection with a comparative study that was then about to start analyzing foreign trade regimes and economic development. Vittorio’s (with Patricio Meller) enthusiasm for the project and his contributions to it—in addition to those needed for the volume on Chile—were truly impressive. We have known each other as friends and colleagues ever since including the time he spent at the World Bank at several conferences and on other occasions. I consider him as a friend and colleague and cannot adequately express my esteem. All the praise bestowed upon him here is very well deserved.