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Economic Instruments for WEEE Recycling in Romania

In: International Conference Innovative Business Management & Global Entrepreneurship (IBMAGE 2020)

Author

Listed:
  • Victor Platon

    (Institute of National Economy, Bucharest, Romania)

  • Simona Frone

    (Institute of National Economy, Bucharest, Romania)

  • Andreea Constantinescu

    (Institute of National Economy, Bucharest, Romania)

  • Sorina Jurist

    (Institute of National Economy, Bucharest, Romania)

Abstract

The management of waste electrical and electronic equipment – WEEE, or e-waste represents one of the areas with significant potential for the implementation of economic instruments and it is higly regulated at EU level. Due to their physical characteristics, WEEE is suitable for development of recovery, repair and recycling policies, extension of their life cycle for as long as possible being an objective pursued by the specific mechanisms of circular economy. In this paper, we will look at how Romania manages economic instruments for e-waste recycling, their implementation and potential benefits. We chose for detail the economic instrument known as "The Green Stamp". This fee is assumed by all manufacturers and retailers of EEE. The amounts thus collected are administered by the Romanian Association for Recycling (RoRec) which deals with the collection, dismantling and recycling of WEEE. The ratio between the amounts collected through the green stamp duty and the amounts invested in e-waste reduction activities is a sensitive topic at national level. The exact quantification of WEEE is very difficult: the quantities of electronic products sold at national level (POM- put on market) are very different from the quantity of WEEE registered. The WEEE collection target set at European level is 4 kg / inhabitant and Romania, with only 2.19 kg / inhabitant at the level of 2016 (Eurostat), is far from reaching it.

Suggested Citation

  • Victor Platon & Simona Frone & Andreea Constantinescu & Sorina Jurist, 2020. "Economic Instruments for WEEE Recycling in Romania," Book chapters-LUMEN Proceedings, in: Marcin Waldemar STANIEWSKI & Valentina VASILE & Adriana Grigorescu (ed.), International Conference Innovative Business Management & Global Entrepreneurship (IBMAGE 2020), edition 1, volume 14, chapter 37, pages 509-523, Editura Lumen.
    • Handle: RePEc:lum:prchap:14-37
    DOI: https://doi.org/10.18662/lumproc/ibmage2020/37
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    References listed on IDEAS

    as
    1. Walter R. Stahel, 2010. "The Performance Economy," Palgrave Macmillan Books, Palgrave Macmillan, edition 2, number 978-0-230-27490-7.
    2. Walter R. Stahel, 2010. "The Performance Economy," Palgrave Macmillan Books, Palgrave Macmillan, edition 0, number 978-0-230-28884-3.
    3. Victor PLATON & Andreea TURDEANU, 2006. "The Sustainable Development In The Eu And Romania: Comparative Analysis," Romanian Journal of Economics, Institute of National Economy, vol. 23(2(32)), pages 91-99, December.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    circular economy; economic instruments; WEEE management; Green Stamp;
    All these keywords.

    JEL classification:

    • F2 - International Economics - - International Factor Movements and International Business
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics

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