Competing for sustainability? An institutionalist analysis of the new development model of the European Union

Claudius Graebner-Radkowitsch (), Anna Hornykewycz and Theresa Hager
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Claudius Graebner-Radkowitsch: Institute for Socio-Economics, University of Duisburg-Essen, Germany; Institute for Comprehensive Analysis of the Economy, Johannes Kepler University Linz, Austria; ZOE Institute for future-fit Economies, Bonn, Germany; International lnstitute of Management and Economic Education, Europa-Universitaet Flennsburg, Germany, https://claudius-graebner.com/
Theresa Hager: Institute for Comprehensive Analysis of the Economy, Johannes Kepler University Linz, Austria
Authors registered in the RePEc Author Service: Claudius Gräbner-Radkowitsch

No 143, ICAE Working Papers from Johannes Kepler University, Institute for Comprehensive Analysis of the Economy

Abstract: 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.

Keywords: competition; sustainability; development; Europe dependency; planetary boundaries (search for similar items in EconPapers)
Pages: 9 pages
Date: 2022-12
New Economics Papers: this item is included in nep-env and nep-hme
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https://www.jku.at/fileadmin/gruppen/108/ICAE_Working_Papers/wp143.pdf First version, 2022 (application/pdf)

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Journal Article: Competing for Sustainability? An Institutionalist Analysis of the New Development Model of the European Union (2023)
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Persistent link: https://EconPapers.repec.org/RePEc:ico:wpaper:143

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