engleski

Towards circular economy implementation in European Union

In order to ensure economic development and respect of the principle of sustainability, the European Union has introduced a number of innovations in the legal framework and thus provided a large amount of money to modernize the economy. The benefits brought by the new economic model (circular economy) are reflected in the reduction of harmful effects on the environment, increased resource productivity, job creation, reduced dependence on raw material imports, increased competitiveness of the economy and encouraging sustainable economic development. The aim of the paper is to analyse and introduce the circular economy concept and to propose measures, steps and methods to simplify the introduction of the concept into the economy. The paper is structured in such a way that after the introduction follows a call to recent literature. Then it proceeds with performance analysis of the circular economy implication in the countries of the European Union. Subsequently, the authors present the proposals of measures that could be used to implement the circular economy together with a short conclusion at the end.

circular economy, economy, sustainability, European Union

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