CIRCULAR MATERIAL USE – A PRIORITY TOWARDS ACHIEVING EU`S OPEN STRATEGIC AUTONOMY

George-Cornel Dumitrescu

Euroinfo, 2020, vol. 4, issue 2, 117-124

Abstract: To ensure the transition towards the circular economy, the EU started an ample process of sustainable transformation of its economy and society. Most of the funds made available to fight the effects of the COVID-19 pandemic will be targeted to the sectors involved in this transition. The novel coronavirus, through its large spread around the globe, has harmed traditional supply chains and has underlined the vulnerability of the countries lacking sufficient resources and facing unexpected blockages. Our paper analyses how the EU and its member countries perform regarding the circular material use rate, a crucial indicator of the circular economy, that reveals Europeans` propensity to support this transition. To this end, we rely on the Eurostat database.

Keywords: circular economy; circular material use rate; recyclable raw materials trade (search for similar items in EconPapers)
JEL-codes: C12 O13 Q57 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:iem:eurinf:v:4:y:2020:i:2:p:117-124

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