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OECD International Futures Programme The Implications of 21st Century Transitions for Government Policy University of Toronto November 29, 2002 Riel Miller

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Page 1: The Implications of 21st Century Transitions for ...sites.utoronto.ca/progris/presentations/pdfdoc/2002/Miller02_Futures.pdfriel.miller@oecd.org Technology Economy Society Governance

OECD International Futures Programme

The Implications of 21st Century Transitions for Government Policy

University of TorontoNovember 29, 2002Riel Miller

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Presentation Outline

A. What is future studies?

B. What are 21st Century Transitions?

C. Scenarios & possibility maps:– Future of schools

– Future of money

D. Implications for public policy

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A. What is future studies?

www.henry-davis.com

Mapping the plausible

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Strategic futures thinking• Not predictions, not forecasts

• Imagine the rigorously plausible

• Link the plausible, the probable and desirable

• Dynamism vs stasis

• How to make a difference

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Making the future a discipline• How is it that each morning when

we wake up the world around us restarts, functioning – at least most of the time – much as it did the day before?

• What are the plausible ways that daily life might be reproduced in the future?

“history of the future”

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Five axioms• Axiom 1–uncertainty increases with time

• Axiom 2– change is both absolute and relative

• Axiom 3–over time metrics and benchmarks change

• Axiom 4– change depends on capacity, capacity

changes over time• Axiom 5– imagination grounded in explicit

assumptions

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Technology

Economy

B. What are 21st Century Transitions?• Everyday life

• Within one or two generations

• Disrupts most institutions

• Alters culture & values

• Transition vs consolidation

Governance

Society

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• Breakthroughs possible

• info- & bio-tech• Pervasive

technological change•solid MP3!

Technological potential

1 - Technological dynamism

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• Part of daily life• Tools allow complexity• Don’t think of the tool,

think of its use• Contingent on socio-

economic change

Technological potential

1 - Technological dynamism

“Technology is not destiny”

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Economic potential

Long-run dynamism

A new long-boom?

2 - Economic dynamism

“Beyond mass-production and consumption”

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Long-boom driving forces

2 - Economic dynamism

Above average wealth creation:– Learning intensive

economy & society

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Unpredictable tasks -

creativity

ImposedAuthority

Freedom to initiate

Predictable tasks -

repetition

Mass-era worker and consumer

Empowered team-worker, informed

shopper

Artist

Future consumer/ producer- cyber creator

A learning economy & society

Fusing of supply & demand

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Long-boom driving forces

2 - Economic dynamism

Above average productivity growth:– Learning intensive

economy & society- Much fuller global

integration

- Investments to change ecological footprint

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Social potential

3 - Social dynamism

• Convergence towards diversity

• Differentiation– Demography– Income/quality-of-life– Self-identity

“Beyond the dualism of individual versus collective”

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Identity & choiceHetero-geneous/small

Homo-geneous/large

Decisions -what, where, when, with whom, how

Less choice

More choice

Scale of social

affiliation /identity

Mass-era

Learning society

“Beyond bowling alone”

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Governance potential

4 - Dynamic Governance

• Diffusion throughout society– Capacity to make &

implement decisions in all areas of activity

• Two distinctive traits:– Empowerment– Organisational fluidity

“Policy matters”

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Towards greater governance capacity

Virtuous circle

Learning by doing

Building the capacity to

make & implement decisions

Experiencing technological, economic &

social dynamism

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Before and after

Wealth, rules, governance, values

– Physical/financial vs human capital

– Simple vs complex property rights

– Ex-ante vs real-time allocation of power

– Implementation of the Universal

Declaration of Human Rights

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Before and after

Quality of life– Mass production vs production for

self/community

– Life organised for work vs work organisedfor life

– Hierarchy vs autonomy

– Imposed identity vs self-identity

– Sen’s definition of “freedom” as capacity

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C. Thinking about the future of schools

Organisational form

Competition Monopoly

Status quo (all 5 functions)

Scenario 1 Supply diversity

Scenario 2 Mass-

customised schooling

Functions (custody, behavioural, cognitive, screening, socialisation) Post-

transition (only one function)

Scenario 3 Learning

benchmark (only cognitive)

Scenario 4 Learning

broker (only screening)

Using scenarios to make strategic choices

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Beyond screening: new sources of HC transparency

Working Home & community

Research Education

Signals

New institutions & methods for validating

what people know

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Extent of institutional continuity

High

Low

Low High

Scenario 2 Modernising the factory

Scenario 1 Supply diversity

Scenario 4 Learning broker

Scenario 3 Learning benchmark

Equally disirable scenarios

Extent of transition scale change

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Extent of institutional dis-continuity

Extent to which schools encourage transition scale change

High

Low

Low High

Scenario 1 – Supply diversity

Scenario 2 – Monopoly mass-customisation

Scenario 3 – Learning benchmark

Scenario 4 – Learning broker

Strategic Choices The Role of Schools in Facilitating Transition Scale Change

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Thinking about the future of money

• Plausibility question:– Is a cashelss society

plausible within 20 years?

• Policy question:– Contingency of “new

econonmy” on advances towards a cashless society

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Historical trends

• Dematerialisation– bills of exchange, virtual

• Financial sector organisation– inter-bank clearing & settlement,

regulation (private & public)• Macro conditions

– monetary & fiscal policy– data (CPI, GDP), transparency

(openness, targets)

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A possibility map

• Monetary hierarchy– unit of account, store of value,

means of exchange– degrees of trust & redeemability

• Monetary space– geographic– markets

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Monetary hierarchy & space

Secondary forms of money (private)

Dominant form of money (state)

Monetary Hierarchy

Territoral & physical money

Markets & virtual money

Monetary Space

Diagram 1: Possible Paths for the Future of Money

Evolution of money over time?

New forms of money

New transaction

systems

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D. Implications for public policy

• Goals - encouraging transition– Creativity & greater capacity to govern– Common values & heterogeneity of expression

• Roles - facilitating re-composition– Proliferation of sources– Diffusion of the peripheral

• Methods - linking form & function– Experimentalism – Learning by doing (means as ends, process as product)

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Promoting transition: guidelines• Rules, standards & conventions

– Validation & recognition of property & assets

– Building trust & common languages

– New metrics

• Equality of opportunity– Focus on assets - human & social capital

– Leading & lagging edges - dynamic gaps

– Inclusion through diversification

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Promoting transition: examples• Competency banks

– Validating what people know, mapping community assets

• Cyber-citizenship– Identity rights, owning privacy

• Governance of the internet– Preserve & extend the virtual commons: end-to-end,

interoperability standards, community-ware

• Cashless society– Virtual cash, cyber-safety

• New property rights & contracts– Transaction infrastructure for property, services and

learning

• New markets & business models– Competition: entry, exit, accountability, transparency

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“Hubris of the now”

• Slow vs fast • Incremental vs radical• Voluntary vs involuntary• Preservationism vs dynamism

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Thank you

www.oecd.org/[email protected]

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