Published in «Journal of International Economic Affairs»3 / 2019
DOI: 10.18334/eo.9.3.40990

The theoretical basis of the concept of circular economy

Gureva Mariya Andreevna, Tyumen Industrial University, Russia

Теоретические основы концепта циркулярной экономики - View in Russian

Abstract:
In the middle of the XX century the world scientific community, analyzing the negative trends of the scientific and technological revolution, came to the conclusion about the limited possibilities of economic growth through the exploitation of linear (industrial) models in the scale of planetary development and began to search for alternative solutions, one of which was the concept of circular economy. The article presents a historical review covering the emergence and formation of the circular economy as an independent concept and its relationship with the phenomenon of new industrialization; the variety of interpretations of the concept of “circular economy“ (Russian and foreign authors) is considered, the main approaches to its formation are defined. A comparative analysis of the main concepts of the economy of environmentalism (sustainable development, greening, green economy, circular economy) on key features is conducted. The evolutionary development of the forming R-imperatives (principles) of formation of a concept is studied; the features, current status and overall development prospects are described. In conclusion, a refined concept of circular economy is given. The concept of circular economy is a universal way to form green growth in the development of countries, allowing to overcome global environmental problems and, as a result, to achieve a sustainable state of the planet, preserving life on Earth.

Keywords:

“green” economy, circular economy, industrialization, socio-economic development, sustainable development

JEL-Classification: L50, O44, Q56

Citation:
Gureva M.A. (2019). The theoretical basis of the concept of circular economy [Teoreticheskie osnovy kontsepta tsirkulyarnoy ekonomiki]. Journal of International Economic Affairs, 9(3). (in Russian). – doi: 10.18334/eo.9.3.40990.


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