Measuring the Progress towards Circular Economy in European Union Countries Cover Image

Measuring the Progress towards Circular Economy in European Union Countries
Measuring the Progress towards Circular Economy in European Union Countries

Author(s): Nicolae PINTILIE
Subject(s): Economy, National Economy, Business Economy / Management
Published by: Facultatea de Management, Academia de Studii Economice din Bucuresti
Keywords: circular economy; waste management; innovation; competitiveness;

Summary/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. Keywords: circular economy, waste management, innovation, competitiveness

  • Issue Year: 11/2021
  • Issue No: 1
  • Page Range: 19-35
  • Page Count: 17
  • Language: English