EUROPEAN CIRCULAR ECONOMY – A REAL MODEL FOR THE SUSTAINABLE DEVELOPMENT OF THE ECONOMY OF THE REPUBLIC OF MOLDOVA

Victoria Ganea () and Iulita Birca
Additional contact information
Victoria Ganea: Moldova State University, Republic of Moldova

European Journal of Accounting, Finance & Business, 2020, vol. 14, issue 24, 46-53

Abstract: The actuality of this study is to identify the most effective ways to overcome the resource deficit, in order to reduce the pressure on the environment, ensure sustainable economic growth and improve the living standards of the population. By analyzing the postulates underlying the development of the circular economy from an European perspective, there is outlined the aim to identify the best possibilities for their application in the national economy of the Republic of Moldova, so that it was possible to highlight certain solutions in overcoming impediments in the researched field, some of which are: moderate use of resources, socially responsible consumption, waste-free production, design of organic products and their reuse. Adopting the principles of the circular economy and developing related innovative business models, introducing new closed-cycle production technologies such as the donut model, involve not only timely and consistent modernization of legal regulation in the country and the creation of appropriate framework conditions for business, but also require new qualitative approaches of economic entities.

Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.accounting-management.ro/getpdf.php?paperid=24_7 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:scm:ejafbu:v:14:y:2020:i:24:p:46-53

Access Statistics for this article

European Journal of Accounting, Finance & Business is currently edited by Stefan cel Mare University of Suceava, West University of Timisoara

More articles in European Journal of Accounting, Finance & Business from "Stefan cel Mare" University of Suceava, Romania - Faculty of Economics and Public Administration, West University of Timisoara, Romania - Faculty of Economics and Business Administration Contact information at EDIRC.
Bibliographic data for series maintained by Liviu Scutariu ( this e-mail address is bad, please contact ).