EconPapers    
Economics at your fingertips  
 

The Coastline of the Future: Some Limits on Forecasting and Prediction

David Omand

Chapter 2 in Forecasting, Warning and Responding to Transnational Risks, 2011, pp 19-32 from Palgrave Macmillan

Abstract: Abstract Governments hate surprises. They hate it when they have to perform U-turns and ditch cherished policies in the face of unexpected events. They hate it even more when headlines shriek ‘government caught napping’. An inability by government to spot trouble approaching and to act to prevent or mitigate it is liable to be regarded by the public as a major weakness and a sign of lack of competence. There are some types of human activity that cannot by their nature be known in advance — the workings of stock-markets, or the incidence of ‘acts of God’ such as extreme weather events and earthquakes. Even in circumstances (such as international affairs) that are closely tracked by governments and their diplomatic, military and intelligence establishments, there are practical limits as to how much forewarning should be expected of untoward developments. This chapter therefore sets out briefly to examine what should be a realistic aspiration to forecasting and prediction by governments of developments that they could most benefit from knowing about in advance whether in international affairs, technology or social attitudes.

Keywords: Situational Awareness; Terrorist Group; International Civil Aviation Organisation; Smallpox Vaccine; Intelligence Analyst (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-31691-1_2

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230316911

DOI: 10.1057/9780230316911_2

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-04-01
Handle: RePEc:pal:palchp:978-0-230-31691-1_2