Daniel Mminele: Secular stagnation and the policy response: any parallels in South Africa?

Address by Mr Daniel Mminele, Deputy Governor of the South African Reserve Bank, at the Rand Merchant Bank (RMB)/Morgan Stanley "Big Five" Investor Conference, Cape Town, 27 September 2016.

1. Introduction

Ladies and gentlemen, good morning

It is a pleasure and an honour to address this year's 'Big Five' Investor Conference, and I should start by thanking our hosts, RMB and Morgan Stanley, for inviting the South African Reserve Bank (SARB) to be part of the proceedings.