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Circular Economy - A Possibility For A Sustainable Economic Development

Author

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  • BĂLĂŞESCU, Florin Răzvan

    (“Victor Slăvescu” Center of Financial and Monetary Research, Romanian Academy)

Abstract

As mentioned in the European official documents one of a main objective of European Sustainable Development is the way to an European Circular Economy aiming to an efficient resources allocation , diminish the environmental impact of toxic natural environment, creating new jobs through a innovative management through the relationships between public authorities, economic agents and universitary environment. In this framework, circular economy is a concept as well as a development strategy, that takes into account the general triad principles of circularity, cascade effects and zero waste inspired by the heliocentric model of matter and waste transformation applied to the material, informational, managerial,knowledge educational and spiritual concrete forms of manifestation.

Suggested Citation

  • BĂLĂŞESCU, Florin Răzvan, 2015. "Circular Economy - A Possibility For A Sustainable Economic Development," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 2(1), pages 241-247.
    • Handle: RePEc:vls:rojfme:v:2:y:2015:i:1:p:241-247
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    References listed on IDEAS

    as
    1. Roberto Bermejo, 2014. "Handbook for a Sustainable Economy," Springer Books, Springer, edition 127, number 978-94-017-8981-3, November.
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    More about this item

    Keywords

    circular economy; economic sustainability; learning to learn;
    All these keywords.

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness

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