<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>The concept of the circular economy was created around the desire to extend the life of products and, implicitly, their use in an economy. The waste reduction process is founded on the basis of the three R's - reduce, reuse, recycle, which aims to conserve natural resources. In order to determine the contribution made by the European Union (EU) states regarding the circular economy sector, a descriptive analysis was carried out at the level of the member countries, followed by the identification of their ranking regarding the performances recorded in accordance with the analyzed indicators, a final step being the realization of a cluster analysis through which to determine the similarities and differences between them. Among the results obtained, it was found that the countries in the center of the EU have among the highest values in terms of private investment related to circular economy sectors, but also for resource productivity, although they have among the lowest percentages of people employed in this field, but and among the largest greenhouse gas emissions from production activities.</p>
</abstract>

The concept of the circular economy was created around the desire to extend the life of products and, implicitly, their use in an economy. The waste reduction process is founded on the basis of the three R's - reduce, reuse, recycle, which aims to conserve natural resources. In order to determine the contribution made by the European Union (EU) states regarding the circular economy sector, a descriptive analysis was carried out at the level of the member countries, followed by the identification of their ranking regarding the performances recorded in accordance with the analyzed indicators, a final step being the realization of a cluster analysis through which to determine the similarities and differences between them. Among the results obtained, it was found that the countries in the center of the EU have among the highest values in terms of private investment related to circular economy sectors, but also for resource productivity, although they have among the lowest percentages of people employed in this field, but and among the largest greenhouse gas emissions from production activities.

Mapping Circular Economy Performance:  EU Member States Analysis and Insights

Institute for Economic Forecasting, Romanian Academy

Proceedings of the International Conference on Business Excellence

This work is licensed under the Creative Commons Attribution 4.0 International License.

{"article-title":"Mapping Circular Economy Performance:  EU Member States Analysis and Insights"}

The concept of the circular economy was created around the desire to extend the life of products and, implicitly, their use in an economy. The waste reduction...

Mapping Circular Economy Performance: EU Member States Analysis and Insights

Pubblicato online: 03 lug 2024

Pagine: 1398 - 1412

DOI: https://doi.org/10.2478/picbe-2024-0115

Parole chiave
circular economy, resilience, sustainability, innovation, productivity

© 2024 Vanesa Madalina Vargas et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Mapping Circular Economy Performance: EU Member States Analysis and Insights

Pubblicato online: 03 lug 2024

Pagine: 1398 - 1412

DOI: https://doi.org/10.2478/picbe-2024-0115

Parole chiavecircular economy, resilience, sustainability, innovation, productivity

© 2024 Vanesa Madalina Vargas et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Parole chiave
circular economy, resilience, sustainability, innovation, productivity