Prof. Robert F. Engle of New York University, who won the Nobel Prize in economics in 2003, became an honorary professor at China's Nankai University on Nov.21. He gave a speech at the ceremony on the future stability of global finance.

Prof.Robert F.Engle (right) accepts his appointment as an honorary professor of Nankai University from Prof. Hong Ke, the university's president,on Nov.21. [Xinhua]

Prof.Robert F.Engle gives a speech on the future stability of global finance on Nov.21. [Photo/Xinhua]