Regenerative economy as a component of the new economic system

E. F. Avdokushin () and E. G. Kuznetsova ()

International Trade and Trade Policy, 2023, vol. 9, issue 1

Abstract: The article reveals the various approaches of Western authors to the regenerative economy in its connection with the goals of sustainable development and the reboot of capitalism. The two-tier regenerative economy model, which includes the circular economy and the green economy, heavily emphasizes its environmental component. The authors of the article propose to use the model of a three-tier regenerative economy, supplementing it with an economy of sharing consumption and use. The regenerative economy is seen as a multi-ecosystem, including the ecosystems of the circular, green and sharing economies. The article gives interpretations of sustainable development based on traditional approaches and regenerative sustainable development.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:acl:journl:y:2023:id:578

DOI: 10.21686/2410-7395-2023-1-6-21

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