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Lessons for Internet Governance from the Global Financial Crisis
October 14, 2008 [ column ]
Lessons for Internet Governance from the Global Financial Crisis
By Peng Hwa ANG, GLOCOM Fellow
As I write this, the financial markets around the world are on a downhill roller-coaster ride with no prospect of returning to the starting point. It is frightening; those caught in the ride are screaming, and for them, it does look like the end of the world.
As one of those who suffered real dollar loss of several years of savings, there is no schadenfreude to see my friends suffer. Instead, I want to draw some lessons for what has happened in the financial world and apply them to the internet world.
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