Managing risk in the regulatory state of the South: the case of GM wheat in Argentina

Su Yeone Jeon

Review of International Political Economy, 2023, vol. 30, issue 4, 1282-1306

Abstract: The literature on development has long underscored the importance of knowledge-based assets and innovation for economic growth and competitiveness. This paper explores an apparent paradox: why did Argentine regulators initially demur in approving the commercialization of genetically-modified (GM) wheat, one of very few products innovated by the country’s biotech sector? The answer lies in risk mitigation, but the risks Argentine regulators sought to avoid were not the environmental and health risks typically associated with GM products. Rather, they worried about possible disruptions to agricultural trade if exports were found to be contaminated by an unapproved GM product. I define the kind of risk that Argentine regulators sought to minimize as structural risk—that is, risk issuing from structural constraints a country faces given an unfavorable or dependent position in trade relations. By illuminating how risks emanating from structural constraints particular to Southern states shape regulatory frameworks, this analysis advances our understanding of the Regulatory State of the South.

Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/09692290.2022.2097287 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:rripxx:v:30:y:2023:i:4:p:1282-1306

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/rrip20

DOI: 10.1080/09692290.2022.2097287

Access Statistics for this article

Review of International Political Economy is currently edited by Gregory Chin, Juliet Johnson, Daniel Mügge, Kevin Gallagher, Ilene Grabel and Cornelia Woll

More articles in Review of International Political Economy from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().