Institutionalization of planetary management boundaries

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Abstract

Within the framework of the problem of institutionalization of planetary management boundaries, planetary property and planetary rent are considered as the idea of radical institutional -economic innovation designed to form the economy of optimal resource use and equitable distribution of world income. The authors use a systemic approach that emphasizes the importance of institutional analysis of rent-oriented behavior. The relevance and timeliness of theoretical and methodological approaches of the planetary management boundaries paradigm for all sectors of the economy, including agro-industrial complex. The relationship of agro-industrial and forest complexes in the mechanism of use of planetary land resources is traced. Particular attention is paid to forest rents as a value positioned in the aspect of the global bioeconomic system and plays an important role in the process of its evolution. The authors note the inevitability of conflicts of rent relations on the planetary scale, the solution of which requires the unification of efforts of the entire global scientific community.

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Ryazanova, O., Kashtelian, D., Zolotareva, V., & Ryabokon, A. (2020). Institutionalization of planetary management boundaries. In E3S Web of Conferences (Vol. 176). EDP Sciences. https://doi.org/10.1051/e3sconf/202017605018

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