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Y2K: The Bug that Failed to Bite

By Jonathan Story,  Robert Crawford
Published 02 Jan 2001
Reference 4910
Topic Strategy
Industry Financial Services
Region Global
Length 20 page(s)
Language English
Inspection copy
Teaching note
6.00
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Summary

The case is a unique insight into the preparation to avoid the Y2K bug striking at the world economy’s financial nerve centre. It tells the real story of how a global network was swiftly formed, procedures set in place, and norms introduced.

Teaching objectives

A central feature of the globalisation process is the new diplomacy, where corporations become significant players along with public officials and multilateral organisation in setting rooms. This case illustrates the latest research paradigm on the process of global standard setting.

Keywords
  • Globalisation
  • Networking
  • Financial markets
  • Internet
  • Corporate democracy
  • Standard setting
  • Managing incentives
  • Leadership. RD0101
  • AR2001
About the authors
Story

Jonathan Story

Emeritus Professor of International Political Economy

Robert Crawford


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