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MEASURING THE PROGRESS TOWARDS CIRCULAR ECONOMY IN EUROPEAN UNION COUNTRIES
- Source :
- Business Excellence and Management, Vol 11, Iss 1, Pp 19-35 (2021)
- Publication Year :
- 2021
- Publisher :
- Bucharest University of Economic Studies, 2021.
-
Abstract
- This paper aims to create an image of progress towards circular economy registered by European Union countries through specific indicators. In this way, this paper is based on the study and analysis of the 13 indicators, grouped on 4 pillars: Production and consumption, Waste management, Secondary raw materials, Competitiveness and innovation. After the presentation of the methodology, the paper develops an analysis in time and space of the selected indicators, then an analysis of the countries with their grouping on clusters, creating a map of them and highlighting the current situation of circular economy in the European Union. Moreover, the paper also presents the evolution of the countries regarding circular economy, which has a big importance taking into account that in the European Union the preoccupations for this concept is higher from one period to another. Among the most interesting results are: (1) a massive concentration of countries with problems for Waste management pillar; (2) Europe is one of the regions with the largest contribution in terms of circular economy, but the concept is developing differently from one country to another; (3) The scoreboard evolution is particularly useful in revealing the continuous actions adopted by countries in order to facilitate the conversion to circular economy. Finally, the paper presents possible limits of the research, but also future directions of its development.
- Subjects :
- competitiveness
lcsh:Management. Industrial management
business.industry
Circular economy
circular economy
International trade
lcsh:Business
innovation
lcsh:HD28-70
Political science
General Earth and Planetary Sciences
media_common.cataloged_instance
waste management
European union
business
lcsh:HF5001-6182
General Environmental Science
media_common
Subjects
Details
- Language :
- English
- ISSN :
- 22481354
- Volume :
- 11
- Issue :
- 1
- Database :
- OpenAIRE
- Journal :
- Business Excellence and Management
- Accession number :
- edsair.doi.dedup.....8473b4fd29882aea01f0e5126571bcfc