GMO’S - THE TRADE-OFFS BETWEEN ECONOMIC BENEFITS AND PERCEIVED HEALTH RISKS

  • ORZAN Gheorghe The Bucharest University of Economic Studies, Doctoral School of Marketing
  • PRICOP G. Alexandra The Bucharest University of Economic Studies, Doctoral School of Marketing
  • MIHALACHE Maria Madalina The Bucharest University of Economic Studies, Doctoral School of Marketing

Abstract

Food safety has become an important topic in the last decades as pesticides, chemical additives, hormones and other technological processed substances began to raise awareness among consumers, organizations and governments. At international scale it is being noticed an increasing concern that genetically modified food might have an unforeseen impact on human health. On the other hand, biotechnology has the ability to eliminate worldwide hunger and malnutrition in an efficient matter. Indirect costs that are associated with the production and adoption of genetically modified food as well as the potential to protect and conserve the environment need to be taken into account in the cost, benefit and perceived risk analysis. This paper describes the trade-offs between possible risks associated with genetically modified organisms and the economic benefits.
Published
2018-06-30
How to Cite
GHEORGHE, ORZAN; ALEXANDRA, PRICOP G.; MADALINA, MIHALACHE Maria. GMO’S - THE TRADE-OFFS BETWEEN ECONOMIC BENEFITS AND PERCEIVED HEALTH RISKS. Annales Universitatis Apulensis Series Oeconomica, [S.l.], v. 1, n. 20, p. 56-61, june 2018. ISSN 2344-4975. Available at: <http://journals.uab.ro/index.php/oeconomica/article/view/198>. Date accessed: 09 dec. 2019.