The Road to Circular Economy: What Can Europe Learn from the Experionce of Germany and Japan?
Virginia Zhelyazkova
Economic Studies journal, 2018, issue 6, 167-177
Abstract:
The transition from linear to circular economic model has gradually become an imperative for all countries in the world. Negative phenomena, which are the result of prolonged environmental pollution, affect all economic actors and reveal the defects of the linear economic model. The clarity of the need to abandon it, however, faces the complexity of its replacement. It is becoming increasingly obvious that this will be a long and complicated process in which the state will have to play an active role.Some countries have moved in this direction relatively earlier than others. Such are Germany and Japan.The aim of the present study is to present in a general analytical and comparative plan the main policies that these two leading economies in the world have conducted over the years as their experience would be of significant benefit to the successful realization of the actions - part of the transition to a circular economic model, in the countries of Europe and in particular those in the EU.
JEL-codes: E20 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:bas:econst:y:2018:i:6:p:167-177
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