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Circular Material Use – A Priority Towards Achieving Eu`S Open Strategic Autonomy

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  • George-Cornel DUMITRESCU

Abstract

To ensure the transition towards the circular economy, the EU started an ample process of sustainable transformation of its economy and society. Most of the funds made available to fight the effects of the COVID-19 pandemic will be targeted to the sectors involved in this transition. The novel coronavirus, through its large spread around the globe, has harmed traditional supply chains and has underlined the vulnerability of the countries lacking sufficient resources and facing unexpected blockages. Our paper analyses how the EU and its member countries perform regarding the circular material use rate, a crucial indicator of the circular economy, that reveals Europeans` propensity to support this transition. To this end, we rely on the Eurostat database.

Suggested Citation

  • George-Cornel DUMITRESCU, 2020. "Circular Material Use – A Priority Towards Achieving Eu`S Open Strategic Autonomy," Euroinfo, Institute for World Economy, Romanian Academy, vol. 4(2), pages 117-124, June.
    • Handle: RePEc:iem:eurinf:v:4:y:2020:i:2:p:117-124
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    More about this item

    Keywords

    circular economy; circular material use rate; recyclable raw materials trade;
    All these keywords.

    JEL classification:

    • C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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