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Circular Economy, A New Model Of The European Union. New Measures And Objectives In Recycling

Author

Listed:
  • EDITH MIHAELA DOBRESCU

    (Institute for World Economy, Romanian Academy)

Abstract

This article presents cosiderations on the concept and model of circular economy, starting from the positive approach of the European Commission according to which the circular economy represents a fundamental transformation to the current consumerist model that prevails in the European Union and in most other developed economies. In the mean time presented are the measures and rules proposed by the European Commission in 2018 to achieve the new waste recycling and waste management objectives in the circular economy that implicitly change the behavior of businesses and consumers. For the first time, the Member States of the European Union will be obliged to follow a single and common legislative framework. The European Commission estimates that the full adoption of a circular economy model could save 1,800 billion euros for the European Union economy by 2030

Suggested Citation

  • Edith Mihaela Dobrescu, 2018. "Circular Economy, A New Model Of The European Union. New Measures And Objectives In Recycling," THE YEARBOOK OF THE "GH. ZANE" INSTITUTE OF ECONOMIC RESEARCHES, Gheorghe Zane Institute for Economic and Social Research ( from THE ROMANIAN ACADEMY, JASSY BRANCH), vol. 27(1), pages 43-48.
    • Handle: RePEc:zan:ygzier:v:27:y:2018:i:1:p:43-48
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