The need to choose an optimal strategy at this juncture in history has exigencies that are more pressing now than they have been before. We do not have to choose one strategy to the exclusion of others, but one strategy would tend to have a dominating flavour. The cost of a wrong choice (or the lack of a clear choice) can result in a foundering economy. Author: Shankaran Nambiar. Publication/Conference: MIERScan, 22 August 2005.