Integrating Circular Economy in National Policy: Assessing the Impacts of Romania’s Revised 2023 Action Plan

Andreea A. Weisner () and Cristina Mihaela Nagy ()
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Andreea A. Weisner: Doctoral School of Economics, West University of Timisoara, Romania
Cristina Mihaela Nagy: “Tibiscus” University of Timișoara, Faculty of Economics, Romania

Ovidius University Annals, Economic Sciences Series, 2024, vol. XXIV, issue 1, 349-356

Abstract: This article explores the integration of Circular Economy (CE) principles into Romania's national policy, mainly through its Revised 2023 Action Plan. It begins by setting the stage for the importance of sustainable development, which necessitates innovative policies that prioritize both environmental conservation and economic resilience. Romania's embrace of CE principles, aiming to redefine resource utilization, minimize waste, and bolster environmental preservation, serves as the focal point of this study. Key findings reveal significant advancements in waste management and infrastructural enhancements that foster CE adoption despite facing challenges in policy implementation. The Revised 2023 Action Plan marks a critical step in Romania's journey towards sustainable development, showcasing the potential for increased employment, resource efficiency, and environmental stewardship. This article makes a vital contribution to the field by charting Romania's progress towards its circularity ambitions and suggesting avenues for policy refinement.

Keywords: circular economy; action plan; national strategy; resource efficiency; policy framework (search for similar items in EconPapers)
JEL-codes: H23 O21 O33 Q53 Q56 R11 (search for similar items in EconPapers)
Date: 2024
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