[asia-apec 667] Re: The financial crisis and the millennium bomb

[Roberto Verzola]

I posted on this list the article on the financial crisis and its
relation to the millennium bomb, because it has direct relevance to
the APEC discussions.

The basic message of the article is that the millennium bomb (year
2000 computer bug) will trigger throughout the financial and
industrial centers of the world major disruptions in their
technological backbone, which will interact with the ongoing Asian
crisis and can lead to more serious worldwide crises, if not financial
collapse.

I hope the APPA assembly will also take time to consider the
implications of this and other emerging information technology issues
for developing countries.

Obet Verzola