Wednesday, November 08, 2006

De Soto gave lectures to President SBY on Capitalism 2.0

I never heard of president Megawati Soekarnoputri's meeting with celebrity-economist Hernando de Soto. But I remember when de Soto met president Abdurrahman Wahid few years ago. The author of The Mistery of Capital met the incumbent president Susilo Bambang Yudhoyono for a breakfast yesterday.

Accompanying the president were coordinating minister for the economy Dr Boediono, coordinating minister of people's welfare affairs Aburizal Bakrie, and other cabinet members. The reporters were not allowed to listen the discussion and they wondered why. But I think the president and his cabinet members were not prepared to the news like this...SBY learns capitalism from de Soto or de Soto told the president how capitalism would be the best weapon to fight terrorism (Capitalism 2.0).
Two weeks from now, US president George Bush will be in town for 10-hour visit...So, it's an introduction session.

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Anonymous Anonymous said...

It is a noble and great thing that President SBY & the team willing to sit and learn from a top economic guru like de Soto. The fact you and I know about the event indicates that the govt is not worried about being seen as learning from de Soto (and there is no reason whatsoever to be ashamed).

There could be many reasons that reporters were not invited. One possibility is that President SBY wants the ministers to ask questions without being worried that they will be ridiculed by some "smart" reporters who will happily report any poor use of English without knowing how much it hurts other people's feeling (remember former minister Andung's case?).

Sometime, lack of foreign language skill will make someone looks like a dumb. But, China has a lot of ministers who don't speak fluent English, yet they have one of the smartest govt teams in the world.

November 08, 2006 1:56 PM  

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