this week, i participated in an 1-day economic forum at the un conference center in bangkok. pm thaksin’s performance was less than stellar, barely able to read from the script. while it provided few new clues about the economic outlook, i was very impressed with the performance of Kenneth Curtis from Goldman Sachs. having just arrived by learjet from frankfurt, he gave his 2 cents on the world economy in flawless, logically coherent statements (which he had not prepared, as the Q & A showed)

The crisis will accelerate the shift in technology, by placing a premium on cost-cutting, efficiency and earnings. Anyone who thinks these forces will slow is wrong.

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