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There is a microeconomics and collaboration entrepreneur literature which if it had been followed would have prevented the greatest ever failure of free markets - the phrase Lord Nick Stern used in 2006 about energy markets but clearly even more relevant in 2008 with the end of the speculator-investment bank (lehman, stearns, lynch) Nilekani was pivotal to the 2 books on Flat World by Thomas Friedman which I feel were predated by my father's 1984 book http://www.normanmacrae.com/netfuture.html All 3 of these books clarify the compound disasters that will be spun if we fail to integrate localities equitably into Global. The problem with global tangible-only accounting's black hole was identified in 2000 by the report Unseen Wealth from Brookings- goodwill and intangibles are subject to the greatest maths mistake ever made. As far as I know there is only one "mathematically correct" governance solution book to these sustainability crises - namely "creating a world without poverty- social business, future of capitalsim" by Muhammad Yunus. An additional file note spring 2001 - I interviewed Margaret Blair chairlady of Unseen Wealth. She had just presented to the incoming adminstration from texas the conclusions of compounding ever more unseen risks until the intagibles metric crisis was sorted. Their response was agressively negative. It did not take many quarters to see what compound risks their maths incompetence has led peoples everywhere into. File Note Sept 17 2008 - a meeting at the world banmk today sugegsted that transparency and colaboration are emerging in the processes of egovernment -at least that was the gist of what a video conference between 150 people in Berlin, DC and Paris appeared to listen to. Relevant bookmarks: You can post your opinion on these issues at our brand new e-Development Blog:
http://edevelopmentblog.org

You can watch the recorded webcast at:

External webcast is available at: http://vcg01.worldbank.org/eDev (scroll donw
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