Circular economy as a route to industrial modernization: the European experience

Journal Title: Економіка: реалії часу - Year 2018, Vol 5, Issue 39

Abstract

The state of waste treatment in Ukraine and in the European Union countries was analyzed. It is determined that in comparison with Ukraine the European countries implement the basic principles of circular economy successfully. The shares of such problem waste recycling as plastic, organic waste, electric and electronic equipment waste grow annually. The European Union legislation on circular economy and bioeconomy responds the global challenges and the needs of industrial enterprises, and may become a guideline for filling and improvement of Ukrainian legislation. The characteristics of successful European business-models were presented. The role of financial component in circular economy projects realization. Based on the European Union countries experience the benefits and challenges of circular economy that Ukraine may face are determined.

Authors and Affiliations

Liudmyla Deineko, Olena Tsyplitska

Keywords

Related Articles

The formation of resource-saving model of enterprise development

The article is devoted to the formation of an effective resource-saving model, which allows reducing the company's expenses. The classification of resource-saving indicators is considered. The results of the implementati...

Diagnostics of influence of production-financial factors on the efficiency of export-import activity of the enterprise

The article describes the information-analytical provision of the diagnostics of the influence of production-financial factors on the efficiency of the export-import activity of the enterprise, which consists of a system...

Conceptual approaches to motivation in the innovative activity of enterprise.

The article is devoted to explanatory of general conceptual approaches to motivation and their possible application in the innovative activity of an enterprise. Three modern conceptual approaches to personnel motivation...

Current state, problems and prospects for the development of the tourist market in Ukraine

The article deals with the essence of the concept of "tourism" from the point of view of different authors. The main directions for the implementation of the "Strategy for the development of tourism and resorts for the p...

The conceptual approach to forming the financial mechanism of public administration by national economy of Ukraine

In order to study specifics of forming the financial mechanism of public administration by national economy of Ukraine in the article theoretical and methodological aspects of the organization of public administration me...

Download PDF file
  • EP ID EP564916
  • DOI 10.5281/zenodo.2568944
  • Views 83
  • Downloads 0

How To Cite

Liudmyla Deineko, Olena Tsyplitska (2018). Circular economy as a route to industrial modernization: the European experience. Економіка: реалії часу, 5(39), 30-40. https://europub.co.uk/articles/-A-564916