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Challenges of regulating new industries and the future

How the changes will be regulated will determine if they can be an enabler for innovation and growth in an inclusive, sustainable way

The 2017 Nobel Prize for Economics was awarded to behavioural economist Richard Thaler (above) who is the co-author with Cass Sunstein of the influential book Nudge. An understanding of the drivers of behaviour, as well as how to affect those behaviours, will be key to more effective governance in the future.

NEW industries, new technology, new economy … new problems! Changes in business models and the fourth industrial revolution (4IR) are throwing up many challenges and opportunities for countries. At the centre of how driverless cars or new energy sources will develop is how they will be regulated

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