Experts at the Annual World Economic Forum in Davos, Switzerland this week urged political and business leaders to ?play a much greater role? in Y2K strategies.
Addressing the forum, five senior executives issued a statement asking wold leaders to make the millennium bug a ?top global priority?.
The five were: Carlos Braga, information development manager at the World Bank; Frances Cairncross, management editor of 'The Economist'; Ulf Dahlsten, chief executive of Posten AB in Sweden; Bruno Giussani, head of online strategy at the World Economic Forum; and Edward Yardeni, chief economist and managing director of Deutsche Bank Securities.
The five, some who have been coordinating with the world?s most prominent Y2K remediation authorities, stressed that many countries have put in place national Y2K campaigns to increase awareness in the private sector and Y2K proof computers in the public sector. However, "many others are paying too little attention to the problem," said Yardeni, a leading Y2K expert.
They asked political and business leaders to support the establishment and the activities of the new International Y2K Cooperation Center, created under the auspices of the United Nations and supported by the World Bank.
In addition they asked leaders to commit themselves and their governments or companies to establish and support Y2K programmes aimed at identifying vital systems around the world that may be at risk of failing. Priority should go to systems that are life threatening if they fail.
The group also urged them to get involved in cross-border initiatives with interdependent systems in critical areas such as energy and cooperative activities in key areas such as manufacturing.
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