Global Sustainability and Structural Power: The Case of Bioeconomy in a Transitional World

Santiago Caetano ()

Administrative Consulting, 2022, issue 8

Abstract: This article studies the incidence of the bioeconomic agenda within the ongoing technological and scientific revolution and its link with inter-regional relations, in the framework of an international system in transition. In this sense, the theory of structural power is proposed as an analytical tool to observe the power relations that can emerge in relation with the development cooperation processes and the consequent configuration of new governance articulations related to sustainable development. It also reflects on the opportunities and challenges concerning this productive paradigm and it focuses on the upcoming relevance of its agenda for the east-west relations between Russia and the European Union. The article argues that although Russia is not among the most important global competitors in the field of bioeconomy, its structural qualities gives the country an important relational power in its connections with other countries/regional configurations. Within the framework of its relations with the European Union, the development of the bioeconomy emerges as a possible scenario of negotiation and dialogue that may renew the currently conflicted bilateral agenda in the face of future development challenges. That would create possibilities to boost confidence in the sharing of scientific and technological information, and also to forge mutually beneficial inter-dependencies. Regarding the methodological strategy, the general approach consists of the premise that global systemic changes generate either incentives or restrictions for technical cooperation around scientific and technological innovation. In this framework, global changes refer both to globalization, as well as to the technological revolution and the urgency around contemporary socio-ecological challenges, and the growing importance of the bioeconomic paradigm in the multilateral spheres of international cooperation. The methodological design is based on a qualitative-exploratory case study, with an explanatory aim.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:acf:journl:y:2022:id:2057

DOI: 10.22394/1726-1139-2022-8-56-66

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