New plant breeding technologies: An assessment of the political economy of the regulatory environment and implications for sustainability

Vincent Smith*, Justus H.H. Wesseler, David Zilberman

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

1 Citation (Scopus)

Abstract

This perspective discusses the impact of political economy on the regulation of modern biotechnology. Modern biotechnology has contributed to sustainable development, but its potential has been underexplored and underutilized. We highlight the importance of the impacts of regulations for investments in modern biotechnology and argue that improvements are possible via international harmonization of approval processes. This development is urgently needed for improving sustainable development. Policy makers in the European Union (EU) in particular are challenged to rethink their approach to regulating modern biotechnology as their decisions have far ranging consequences beyond the boundaries of the EU and they have the power to influence international policies.

Original languageEnglish
Article number3687
JournalSustainability (Switzerland)
Volume13
Issue number7
DOIs
Publication statusPublished - 26 Mar 2021

Keywords

  • Bioeconomy
  • Biotechnology
  • International agreements
  • International trade
  • New plant breeding technologies
  • Political economy
  • Regulation
  • Sustainable development

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