As a central banker I am glad to see so much attention being paid to this important topic - “Does the Banking Industry Play a Developmental Role?” I compliment the Namibian Economic Society in choosing this coveted theme as a topic for discussion. Central bankers are often tipped as conservative in their approach.
Let me see how I would be able to breach this barricade by indulging in fresh thinking on the subject. Role of finance in economic development Before we initiate a well articulated and meaningful discussion on the subject, it would, in my view be befitting to clearly understand the theoretical underpinnings underlying the role of finance in the process of growth.