The state-led platformisation of financial services: Frictionless ecosystems and an expansive logic of “smartness” in Singapore

IF 3.4 2区社会学 Q1 GEOGRAPHY

Geoforum Pub Date : 2023-09-03 DOI:10.1016/j.geoforum.2023.103849

Orlando Woods , Tim Bunnell , Lily Kong

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引用次数: 0

Abstract

This article explores the role of the state in driving the platformisation of industry, and in doing so offers a counterpoint to scholarship that focusses on the exploitative effects of private sector-led platformisation. That scholarship views platformisation as the latest incarnation of neoliberal urbanism, with the profit-maximising tendencies of the private sector driving the proliferation of platforms throughout everyday life. Notwithstanding, there remains a need to consider alternative models of platformisation. Drawing on 31 interviews with architects of Singapore’s Smart Nation initiative, we consider the state-led platformisation of financial services. We argue that state-led platformisation can open up marketplaces to new forms of innovation, customer value creation, and competition through the creation of data ecosystems that are built on openness, trust and transparency. This flattens the distinctions between regulator and regulated, and between competitor and collaborator, and foregrounds the role of platforms in driving the transformation of industry.

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国家主导的金融服务平台化：无摩擦的生态系统和新加坡“智慧”的扩展逻辑

本文探讨了国家在推动工业平台化中的作用，并在此过程中提供了与专注于私营部门主导的平台化的剥削效应的学术研究相对应的观点。该学者将平台化视为新自由主义城市主义的最新化身，私营部门追求利润最大化的趋势推动了平台在日常生活中的扩散。尽管如此，仍有必要考虑其他的平台化模式。通过对31位新加坡“智慧国家”计划设计师的采访，我们考虑了政府主导的金融服务平台化。我们认为，国家主导的平台化可以通过创建建立在开放、信任和透明基础上的数据生态系统，为新形式的创新、客户价值创造和竞争打开市场。这消除了监管者与被监管者、竞争者与合作者之间的区别，凸显了平台在推动行业转型中的作用。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Geoforum GEOGRAPHY-

CiteScore

7.30

自引率

5.70%

发文量

201

期刊介绍： Geoforum is an international, inter-disciplinary journal, global in outlook, and integrative in approach. The broad focus of Geoforum is the organisation of economic, political, social and environmental systems through space and over time. Areas of study range from the analysis of the global political economy and environment, through national systems of regulation and governance, to urban and regional development, local economic and urban planning and resources management. The journal also includes a Critical Review section which features critical assessments of research in all the above areas.