Perspectives on Eco Economics. Circular Economy and Smart Economy

Journal Title: Academic Journal of Economic Studies - Year 2017, Vol 3, Issue 4

Abstract

The implementation of sustainable development principles in contemporary economic thinking has generated the conceptual remodeling that expresses the new mechanisms of the economy. Thus, the concept of circular economy meet the theoretical representation of an economic system oriented towards the re-use of waste as raw materials and limiting the production of waste that cannot come back into the economic circuit. Circular economy is one that involves even its concept of operation, recovery and regeneration, as much as possible of resources, aiming to preserve, at the highest level, the value and usefulness of products, components and raw materials, distinguishing between technical and biological cycles. In this way, we can find solutions for two major issues affecting today's economy: the limited nature of resources and the pollution generated by the waste resulting from economic activities.

Authors and Affiliations

Cristina Balaceanu, Doina Maria Tilea, Daniela Penu

Keywords

Related Articles

Hyundai’s Customer Satisfaction Analysis in Azerbaijan Market

In modern economies, level of customer satisfaction is main indicator which intends to show organization’s position in comparison with its competitors. Determining customer satisfaction level allows any organization to d...

The Dilemma of the Oil Market in the Current Geopolitical Context

In an increasingly globalized world, where the effects of technology have an overwhelming impact on people's lives, meaning an increase in appetite for consumption of luxury goods, of lifestyle, it seems that conventiona...

Attaining Sustainable Growth in Nigeria: Any Role for Solid Mineral Development?

Using time series such as GDP per capita, solid minerals output, foreign trade balance, domestic interest rate, inflation, and gross domestic savings, for the period 1960-2015. the Linear Growth Regression model adopted...

Studying the Relationship between Personality Traits of HSE Managers and Burnout. Case Study: Industry Leaders in Karaj Road

The aim of this study is to investigate the relationship between personality traits of HSE managers and burnout. In this order, a general hypothesis and five secondary hypotheses are formed. Research method is applied ki...

Determinants of Academic Performance of Grade 10 Students: Empirical Evidence from High Schools of Tigray Regional State

This study examined determinants of academic performance of grade 10 students in Tigray. A sample of grade 10 students in high schools of 17 Woredas in 2015 academic year was used following probability sampling technique...

Download PDF file
  • EP ID EP249279
  • DOI -
  • Views 89
  • Downloads 0

How To Cite

Cristina Balaceanu, Doina Maria Tilea, Daniela Penu (2017). Perspectives on Eco Economics. Circular Economy and Smart Economy. Academic Journal of Economic Studies, 3(4), 105-109. https://europub.co.uk/articles/-A-249279