Circular Economy as a New Stage of Economic Development

Rossitsa Chobanova ()

A chapter in Circular Economy - Recent Advances, New Perspectives and Applications from IntechOpen

Abstract: The chapter is devoted to understanding circular economy as a new stage of economic development, which is aimed to respect limited quantity of water, soil, clean air and ecosystem services, strongly connected to the new global social tensions, and how to achieve this stage. The literature survey has shown the current concepts for circular economy discuss new usage of resources, but not who and how will provide such changes. That is why it is suggested application of the Hegelian doctrine for economic development which is answering similar (we mean social) to the above questions - how to get freedom and society consolidation in market economy, suggesting state regulation of market economy. Consequently such regulation is needed to overcome the social tensions strongly connected to limited quantity of resources, vital for the future of society. Taking this doctrine as a theoretical background, it is assumed each new stage of economic development is characterised by different content of goals, subject and means for achieving the goals. The applicability of the notion circular economy is a new stage of economic development is tested and approved by demonstrated contemporary changes in policies for economic development, taking place in the European union, by recently changed and achieved goals of its development.

Keywords: circular economy; economic development; Hegel; theory; measure (search for similar items in EconPapers)
JEL-codes: F63 O10 (search for similar items in EconPapers)
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ito:pchaps:217714

DOI: 10.5772/intechopen.94403

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