Competing for sustainability? An institutionalist analysis of the new development model of the European Union
This paper explores whether the EU's new economic development model of 'competitive sustainability' could serve as a role model for ecologically sustaina-ble development models for advanced economies in general. To this end, we first discuss theoretically the interplay between 'competitiveness' and 'sustaina-bility' and identify several challenges for combining them. In delineating different interpretations of competitive sustainability, we emphasize that operationalizing the concept requires deliberate design of the institutions governing competition so that it can contribute to sustainability. We substantiate our claim by using in-put-output data to analyze whether the identified challenges are indeed relevant. We conclude that they are, and finally propose possible solutions.
Year of publication: |
2022
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Authors: | Gräbner-Radkowitsch, Claudius ; Hager, Theresa ; Hornykewycz, Anna |
Publisher: |
Linz : Johannes Kepler University Linz, Research Project SPACE - Spatial Competition and Economic Policies |
Subject: | competition | sustainability | development | Europe dependency | planetary boundaries |
Saved in:
freely available
Series: | |
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Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Working Paper |
Language: | English |
Classification: | B52 - Institutional; Evolutionary ; F55 - International Institutional Arrangements ; O20 - Development Planning and Policy. General ; o44 ; Q01 - Sustainable Development ; Q57 - Ecological Economics: Ecosystem Services; Biodiversity Conservation; Bioeconomics |
Source: |
Persistent link: https://www.econbiz.de/10015045974
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