Evolution of the concept and tools for measuring circular transition

Mina Karpuzova

Economic Thought journal, 2022, issue 1, 75-89

Abstract: The actuality of the topic of circular economy is dictated by the need to find a solution to contemporary environmental, economic and social problems. The study's main objective is to trace the development of the concept of circular economy and derive a modern definition of the notion. In this regard, the leading indicators for measuring the success of circular activities at the company level are analyzed, summarized and evaluated. A literature review on the evolution of the circular economy concept is carried out, based on which definitions and main characteristics of the circular economy concept are derived. Practical tools for measuring the success of the transition to a circular economy at a firm level are presented. The study concludes with some general recommendations on the future development of circular economy policies and the measurement of their results.

JEL-codes: D61 Q01 Q56 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:bas:econth:y:2022:i:1:p:75-89

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