I am informed that the overarching objective of the workshop is to share the outcome of the fact finding mission to Namibia conducted by FinMark Trust in March this year and also to share the South African experience in credit information management. Ladies and Gentlemen, this workshop comes at an opportune time for Namibia. Why do I say that? Three reasons come to mind.
25  Crawford (2001), Crawford and Wright (2001). 26  In addition, there are few small wage changes (up or down) in the data. 27  Simpson, Cameron and Hum (1998) find relatively large effects, but Farès and Hogan (2000) and Faruqui (2000) show that, once their model is adjusted for possible endogeneity between wage freezes and output growth, the impact is insignificant.