This brings us to the impact of technological change upon political life.
At the international level, the globalization of economic life means that an increasing number of problems can only be dealt with by inter- national collaboration or international institutions (see chapter 8, by Timothy Besley). Obvious examples include problems of climate change and transboundary pollution, of nancial stability, of trade policy, of labor migration, and of capital mobility. Increasing interdependence in all these dimensions makes it desirable that more decisions are taken collectively, at a supranational level. Whether this will actually occur is less certain, but political pressures for governments to realize their stated objectives make it highly likely to happen, baring some disaster that rekindles nationalism in the major countries of the world. At the same time, as power goes upward beyond the nation-state, regions may feel condent enough to claw down for themselves some of the remaining functions now performed by the nation state, and which can as easily be addressed at the subnational level. Thus the logic of greater economic interdependence may move us toward a more diuse structuring of political authority. Besley's approach to the future is thus to identify the key functions expected of government, to suggest that technological developments will alter the characteristics of those functions, and to predict that in time the structure of government will inevitably adapt to those changes, without however specifying how long the process will take. Concretely, as the activities of people impinge increasingly on others outside their national jurisdiction, pressures will arise for greater international cooperation, and even for delegating limited powers to supernational bodies. The Euro- pean Union oers a contemporary example of this process at work. Improvements in communication introduce new methods for assuring political accountability, which could also diminish the importance of the nation-state.
Modern Futurology
In chapter 9 Alexander Schmidt-Gernig places ``futurology'' into its in-
tellectual and historical context. Men have sought to foretell the future for millenniathe oldest known Chinese writing is on ``oracle bones'' of