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The Road to Circular Economy: What Can Europe Learn from the Experionce of Germany and Japan?

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  • Virginia Zhelyazkova

Abstract

The transition from linear to circular economic model has gradually become an imperative for all countries in the world. Negative phenomena, which are the result of prolonged environmental pollution, affect all economic actors and reveal the defects of the linear economic model. The clarity of the need to abandon it, however, faces the complexity of its replacement. It is becoming increasingly obvious that this will be a long and complicated process in which the state will have to play an active role.Some countries have moved in this direction relatively earlier than others. Such are Germany and Japan.The aim of the present study is to present in a general analytical and comparative plan the main policies that these two leading economies in the world have conducted over the years as their experience would be of significant benefit to the successful realization of the actions - part of the transition to a circular economic model, in the countries of Europe and in particular those in the EU.

Suggested Citation

  • Virginia Zhelyazkova, 2018. "The Road to Circular Economy: What Can Europe Learn from the Experionce of Germany and Japan?," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 6, pages 167-177.
    • Handle: RePEc:bas:econst:y:2018:i:6:p:167-177
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    References listed on IDEAS

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    1. Yakim Kitanov, 2016. "Portfolio Investment Risks: Typology And Mitigation," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 10(1), pages 332-338.
    2. Julia G. Dobreva, 2018. "The Role Of Institutions, Business, And Society In Shaping Modern Economy," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 12(1), pages 119-125.
    3. Julia Dobreva, 2016. "Business Development Through Innovation And Co-Creation," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 10(1), pages 339-346.
    4. Yakim Kitanov, 2018. "Non-Financial Declaration. Theoretical Aspects," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 12(1), pages 153-164.
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    Cited by:

    1. Yanko Hristozov & Petar Chobanov, 2020. "Innovation Environment towards Smart Specialization and Circular Economy," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 6, pages 79-105.

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    More about this item

    JEL classification:

    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)

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