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January 29, 2006
Davos tidbits
The 10,000 foot view from Nordlinger:
Every year, the Annual Meeting has a theme or two, and this year the main theme is “The Creative Imperative.” I believe that Klaus Schwab is relating these words to the elements of a free economy, and a free society. (Dr. Schwab is the founder and executive chairman of the World Economic Forum.) I’m talking about deregulation, sensible taxation, growth, trade, innovation, flexibility — this is an anti-rigidity theme. It has to do with giving people space to create, to make things happen.
Dr. Schwab hasn’t said all this explicitly — that I have heard — but you can sense it. And the poster girl for this anti-rigidity, anti-ossification theme, so far, has been Angela Merkel, the new chancellor of Germany. . . . .The meeting has sub-themes, too — and two of them are the emergence of China and the emergence of India. The place is crawling with Indians, and there is a healthy Chinese presence (only a PRC presence — would that Taiwanese were here, in part to be living, walking examples). After 9/11, Davos became pronouncedly Arab. You go through the directory, and a great many names begin with “al-.” Dr. Schwab pretty much goes where the action is, or has the action come to him. Hence these themes.
The article calling for a boycott of Israel has been deepsixed and an apology issued.
A flashback to last year's conference from Iowahawk: What Happens in Davos, Stays in Davos. (Woof woof woof!)
On the same theme, Rebecca McKinnon has some Davos dish.
Economists eat their words:
. . . a panel of heavyweights reviewed the forecasts they made for 2005 a year ago in this very spot. The dollar would fall -- well, it rose. Long-term interest rates would shoot up -- um, they fell. Energy prices? Barely a blip on the radar then, even though prices shot past $60 and stayed there for most of the year. . . . "Listen to us with a great deal of skepticism," joked Laura Tyson, dean of the London Business school.We always do, dear.
Judith | 01/29/06 at 12:13 AM | Categories: Tikkun olam
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