Endnotes [*]  I would like to thank Andrea Brischetto and Geoff Weir (a visiting scholar to the Reserve Bank) for assistance in the preparation of this talk. [1]  Andrews D, C Criscuolo and P Gal (2015), ‘Frontier Firms, Technology Diffusion and Public Policy: Micro Evidence from OECD Countries’, OECD Productivity Working Papers No 2. Available at <https://www.oecd.org/eco/growth/Frontier-Firms-Technology-Diffusion-and-Public-Policy-Micro-Evidence-fromOECD-Countries.pdf>.
The intention is that the Prudential Authority will be able to effectively assume its responsibilities once the Twin Peaks legislation has been passed by parliament. 4. Conclusion  Challenges abound for South African policymakers. An uncertain international economic environment, with the possibility of adverse exogenous shocks may very well, be par for the course.