Why we're all bitten by this bug, like it or not

Article Abstract:

It is clear that the year 2000 computer date change problem could have a significant impact on the world economy, as some people fear that this problem could have destructive powers. Banks are increasing stocks of cash, while fund managers are planning to scale down trading in the period immediately before and after the millennium, in case trading systems fail to operate properly. Some observers believe that the year 2000 problem could spark off a global recession. It is certainly true that this problem is boosting economic activity in the run-up to the 21st century, while it will have a negative impact on economic activity once the 21st century actually begins.

Electronic Computer Manufacturing, Computers & Auxiliary Equip, Facilities & equipment, Computer industry, Economic aspects, Equipment and supplies, Year 2000 transition (Computers)

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A feeling of fin de siecle

Article Abstract:

There were a number of significant developments at the 1999 World Economic Forum in Davos, Switzerland. It was clear that Russia is seeking to re-establish some form of dialogue with the West. The conference also highlighted the fact there is an age gap between Europe's leaders, with the younger generation being concerned about unemployment levels, the need to reform the welfare system and insufficient entrepreneurship. The most important development was the growing concern of the US administration about the non-sustainability of economic growth.

Switzerland, Social aspects, Conferences, meetings and seminars, International trade, Russia, Unemployment, 1999 AD, World Economic Forum

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After beating inflation, central banks must guard against deflation

Article Abstract:

The possibility of the world economy entering a period of deflation is considered. Deflation will have a number of repercussions, including the need to change central bank mandates to ensure that they fight both deflation and inflation.

Analysis, Deflation (Finance), Deflation (Economics)

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