CIRCULAR ECONOMY IN THE EUROPEAN CONTEXT
Autor (i): Cosmin Viziniuc, Alexandru Taşnadi
JEL: A12
Cuvinte cheie: circular economy, linear development model, sustainable economic growth, secondary material resources, waste
Abstract:
The authors start from the present status of the linear development model that leads towards a deficit of resources, prices volatility, a growing volume of waste, pollution, and, in the end, climate changes. It is shown that the Europe 2020 Strategy regarding intelligent, sustainable and inclusive growth needs a transition towards a circular economy. This is based on the industrial system of recovery, waste disposal and obtaining subsidiary material resources. In the authors’ vision, stimulating transition towards circular economy will increase the global competitiveness of E.U., will support sustainable economic development and will generate new jobs. In the end of the article there are highlighted the main elements of the European Union action plan regarding circular economy, as well as the implementing measures.
The authors start from the present status of the linear development model that leads towards a deficit of resources, prices volatility, a growing volume of waste, pollution, and, in the end, climate changes. It is shown that the Europe 2020 Strategy regarding intelligent, sustainable and inclusive growth needs a transition towards a circular economy. This is based on the industrial system of recovery, waste disposal and obtaining subsidiary material resources. In the authors’ vision, stimulating transition towards circular economy will increase the global competitiveness of E.U., will support sustainable economic development and will generate new jobs. In the end of the article there are highlighted the main elements of the European Union action plan regarding circular economy, as well as the implementing measures.
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