Disruptive Ideas seminar series
The Melbourne School of Government's Disruptive Ideas seminar series explores challenges to current regulation and governance approaches.
Regulation, Legitimacy and Values: The regulation of controversial medical products
What is political legitimacy? How is it relevant to regulators? What is the role played by values in establishing political legitimacy? In this seminar Penny Gleeson will address these questions, drawing on her research on the regulation of pharmaceuticals and medical devices in Australia. Penny will examine how regulatory regimes can address challenges to their political legitimacy, the pivotal role of values and the need for regulators to build and sustain their relationships with the regulated public.
Policymaking in a Crisis
Australia, and the world, is facing an unprecedented health and economic crisis. COVID-19 has forced considerable changes to the way we live our lives. Many of us have had to adapt our work, social life and family life in ways we probably never imagined; the same goes for our politicians. Politicians are having to both respond to the crisis at hand, while also continuing the job of politics and policymaking. Though COVID-19 may feel all-consuming, Australia has only just emerged - and is still recovering - from a catastrophic bushfire season and is still grappling with its response to the climate crisis. In this Disruptive Ideas Seminar, our Research Fellow in Regulation and Design, Timothy Kariotis, is joined by independent Member for Warringah, Zali Steggall OAM, to discuss how politics and policymaking on critical issues to our society continue in the shadow of the pandemic.
Diversity in Public Engagement and the Policy Process
It is well established that good policy design and implementation requires public engagement. Public engagement can help policies better meet people's needs, build support for policy decisions, and capture multiple perspectives to address complex issues. However, ensuring the policy process is inclusive to a diversity of views is challenging, especially engaging traditionally marginalised groups. This talk will explore why diversity in public engagement is important, as well as how to reduce barriers to participation in the policy process. Maria Katsonis and Dr Ruth DeSouza bring their extensive experience in community engagement to this panel discussion which is sure to inspire participants to rethink how they go about policy design and implementation.
Finance, Technology and Regulation
The 2007-2008 global financial crisis and the 2010 flash crash have called for a range of regulatory innovations. Innovations ranging from reporting of financial products to circuit breakers that limit market access have been implemented in an effort to prevent the next financial crisis. Even behavioural analysis has been applied to financial decision-making in an effort to at once optimise investments, predict how traders could act in crises and develop nudges to steer behaviour. What remains unexamined, however, are the effects of regulation on financial activity, trading and the market, in general. This seminar will cover the limitations of regulation with respect to derivatives, algorithmic trading, and neurofinance.
The case for an Australian Institute of Technology Assessment
The rapid development of data-centric and algorithmic technologies raises concerns as to how policymakers keep pace to protect citizens without slowing innovation. In this talk, Research Fellow Timothy Kariotis will explore the historical role of Technology Assessment institutions and the role they could play in protecting against the risk of algorithmic and data-driven technologies.
The Future of FinTech Regulation
FinTech – the use of technology to spur innovations in financial services – is a rapidly growing sector in Australia. From Neobanks to InsurTech many Australians and Australian businesses have probably heard or interacted with some part of the FinTech sector. There is a growing interest in how to regulate this sector to protect consumers, while also enabling innovation.