The Y2K Scare: Causes, Costs and Cures

The worldwide scare over the "Y2K bug" result in the expenditure of hundreds of billions of dollars on Y2K compliance and conversion policies. Most of this can be seen, in retrospect, to have been unproductive or, at least, misdirected. In this paper, the technological and institutional factors leading to the adoption of these policies are considered, along with suggestions as to how such policy failures could be avoided in future.


Keywords:
Issue Date:
Feb 18 2004
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/151503
Total Pages:
22
JEL Codes:
H89
Series Statement:
Australian Public Policy Program
P04/1




 Record created 2017-04-01, last modified 2017-08-27

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