There is also debate as to how long it will take for them to have an impact on inflation. Moreover, some are of the opinion that bond purchases make governments less inclined to carry out fiscal and structural reforms themselves. That is how Klaas Knot sees it.
*  *  *  Mr Tim Adams, President and CEO, Institute of International Finance (IIF), Mike Brown, Chief Executive, Nedbank, and honoured guests, allow me to express my gratitude for the honour and privilege to present the opening keynote address of the 2nd Africa Financial Summit. 1.