Every year, leaders from industry, government and civil society meet in Davos, Switzerland for the World Economic Forum’s annual meeting. This year’s meeting was held from January 29 through February 1 with a central theme, “Shaping the Post-Crisis World.” The objective was to ensure that we look at the world in a holistic, systemic way going forward.
"Be fearful, but don't panic". I always like short and simple conclusions that I can understand. These words were spoken by a prominent economist in India after a thoughtful two-hour discussion of the current economic meltdown and its implications in India. Some excerpts are below.
"This city needs a new coat of paint." "It looks chaotic, but somehow everything works." "The exterior of a building can be completely deceptive." These are just a few of the very insightful comments I overheard from some colleagues during the recent FedEx sponsored Trade Mission to India (November 9-14, 2008).
A strong delegation from FedEx led by Mike Ducker, President FedEx International, landed in Delhi on Monday. We had the opportunity to meet with the trade mission that FedEx is jointly coordinating with US Commercial Service. A very good interaction with US Ambassador to India followed. Ambassador Mulford promoted the opportunities that lie ahead in the US-India relationship especially as it relates to enhancement of trade.
