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Pastimes : Ask Mohan about the Market
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To: Zeev Hed who wrote (16719)10/8/1998 11:31:00 AM
From: Link Lady  Read Replies (2) of 18056
 
"The brute fact is that after five days of intense discussion and debate, we are still at a loss as to why contagion has continued to
spread," Indian finance minister Yashwant Sinha said. "Nor do we seem to have achieved clear, agreed and effective measures to
contain the crisis."
Jack Boorman, the IMF's chief policy expert, said this was hardly a surprise.
"The idea that somehow or other you can have a set of meetings that involves 182 countries and thousands of people, all of whom
have good ideas in various areas, and then somehow or other come out a week later with something that's neat and clean and sweet
just doesn't work," he said.

Ideas outnumber concrete actions at downbeat IMF
canoe.com
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