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Can Technology Enable Global Governance?

 

October 29, 2013

Doug Hadden, VP Products

Lectures and discussions at think tanks range from bafflegab to insight. One of the interesting themes that was tantalizingly discussed in Pascal Lamy’s “Does Globalization need Global Governance” lecture at the Brookings Institution was the impact of technology. (storified below)

Technology is responsible for globalization: first transportation and now digital communications. Global governance institutions formed in the post ware period were pre-digital, pre-emerging economies and designed during the cold war. My view is that digital communications is disrupting the role of the nation state by introducing governance efficiencies:

  • Broad collaboration within and across political boundaries
  • Increased awareness of context and what works in what context
  • Pictures and video that exposes good and bad governance
  • Recognition of transnational similarities

Globalization provides global opportunities and problems. Reducing poverty on one hand, increasing inequality on the other. Increasing sustainable strategies on one hand, increasing climate change on the other. Technology, of course, cannot solve these problems while optimizing benefits. The trend of mobile digital devices, cloud computing, big data analytics, lower communications costs and higher bandwidth has promise as global governance enablers.

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Doug Hadden

Doug Hadden

Executive Vice President, Innovation at FreeBalance
Doug is responsible for identifying new global markets, new technologies and trends, and new and enhanced internal processes. Doug leads a cross-functional international team that is responsible for developing product prototypes and innovative go-to-market strategies.

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