Sarb’s Lesetja Kganyago on divergent monetary policies and new supervision

Sarb governor Lesetja Kganyago
Elske Photography

Have we entered a ‘new normal’ economic order or do you believe the world economy will return to something similar to what we recognised before the global financial crisis?

What is clear is that normal now is not what it was before the global financial crisis. There are a number of factors. One of them is that, in the mid-1990s, emerging markets accounted for 42% of world GDP in purchasing power parity terms and advanced economies for 58%. By 2014, those figures had flipped around – 58% for

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account