Former US Treasury Secretary Hank Paulson said nothing new. Robert Zoellick gave his standard World Bank speech. I was all geared up to write about how global conferences such as the Boao Forum in Hainan earlier this week don’t live up to their billing as thought leadership forums.
You know the scene. Just as Stanley Fischer, central bank governor of Israel and former chief economist at the World Bank and first deputy managing director at the IMF was commenting during one panel that the eurozone could lose a few member states, the gentleman seated next to me started to drool, as he snored. Loudly. I learned a lesson there....