Long-only-Indexfonds stehen seit geraumer Zeit unter Verdacht, für die Preisanstiege an landwirtschaftlichen Warenterminmärkten verantwortlich zu sein. Hieraus wird die Forderung abgleitet, den Aktivitätsradius dieser Indexfonds drastisch einzuschränken. Allerdings stehen solche Forderungen...

For quite some time long-only index funds have been suspected of being responsible for price increases in agricultural futures markets. This suspicion has prompted demands to drastically limit long-only index funds' scope of activity. Such demands and their underlying diagnoses, however,...

Vor welchen Herausforderungen steht das Projekt der Bioökonomie, wenn man aus einer ordonomischen Perspektive auf das Phänomen eines demokratischen Diskursversagens blickt? Zwei Arten des Diskursversagens sind zu unterscheiden: (a) der Fehl-Alarm und (b) der Fehlende Alarm. Gerade im Hinblick...

Zivilgesellschaftliche Organisationen erfüllen in der modernen Demokratie zwei wichtige Funktionen. Zum einen stellen sie öffentliche Güter und Dienstleistungen bereit ('service delivery'). Zum anderen dienen sie der politischen Interessenvertretung ('advocacy'). Allerdings sehen sich...

The public discourse on the acceptability of genetically modified organisms (GMOs) is not only controversial, but also infused with highly emotional and moralizing rhetoric. Although the assessment of risks and benefits of GMOs must be a scientific exercise, many debates on this issue seem to...

Many public debates about the societal significance and impact of agriculture are usefully framed by Paul Thompson’s distinction between the “agrarian” and the “industrial vision.” The key argument of the present paper is that the ongoing debate between these visions goes beyond...

Implementing the circular economy (CE) requires novel forms of stakeholder collaboration. While the contemporary literature on stakeholder theory is commonly characterized as “pro‐business‐oriented,” it remains ambiguous on how precisely stakeholder collaborations may pave the way for a...

Purpose: Stakeholder theory understands business in terms of relationships among stakeholders whose interests are mainly joint but may be occasionally conflicting. In the latter case, managers may need to make trade-offs between these interests. The purpose of this paper is to explore the nature...

Against the global debate on socially responsible agro-investment, we explore the conditions, patterns, and impacts of recent agricultural recovery in Kazakhstan’s northern grain provinces. Vertically and horizontally integrated agroholdings brought outside investment and management to this...

Kazakhstan is now widely regarded as a key player on world agricultural markets, with considerable export potential in the wheat, beef and dairy sectors. Based on unique farm-level data covering all production systems currently relevant, we offer new insights into the constraints that hamper...