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Economic Growth and Consumption of Material Resources

Alexandra-Ioana Lazăr () and Mile Vasić
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Alexandra-Ioana Lazăr: Romanian Academy
Mile Vasić: European Marketing and Management Association (EUMMAS)

Chapter Chapter 40 in Europe in the New World Economy: Opportunities and Challenges, 2024, pp 649-656 from Springer

Abstract: Abstract On a global scale, resource restrictions are obvious, which makes recycling a necessity. Considering this, it is necessary to approach the connection between economic growth and resource consumption, the approach to such a complex issue highlights the importance of the recovery and reintroduction of resources into the economic circuit. Therefore, the activity of their recovery and valorisation are of particular importance, given the increasing dependence of economic growth on the import of raw materials. Economic growth and technological progress are the main factors that lead to resource consumption. High use of resources creates pressures like the depletion of non-renewable resources and the strong use of renewable ones, transport and activities that include mining which cause important emissions to soil, air and water.

Keywords: Economic Growth; Recycling; Material Resources; Circular Economy (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-031-71329-3_40

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DOI: 10.1007/978-3-031-71329-3_40

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