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

Author

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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)

  • Anna Hornykewycz

    (Institute for Comprehensive Analysis of the Economy, Johannes Kepler University Linz, Austria)

  • Theresa Hager

    (Institute for Comprehensive Analysis of the Economy, Johannes Kepler University Linz, Austria)

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.

Suggested Citation

  • Claudius Graebner-Radkowitsch & Anna Hornykewycz & Theresa Hager, 2022. "Competing for sustainability? An institutionalist analysis of the new development model of the European Union," ICAE Working Papers 143, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.
    • Handle: RePEc:ico:wpaper:143
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    References listed on IDEAS

    as
    1. Lukas Linsi, 2020. "The discourse of competitiveness and the dis-embedding of the national economy," Review of International Political Economy, Taylor & Francis Journals, vol. 27(4), pages 855-879, July.
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    More about this item

    Keywords

    competition; sustainability; development; Europe dependency; planetary boundaries;
    All these keywords.

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