Factors of uneven progress of the European Union countries towards a circular economy
The increased final consumption exacerbates the problem of the scarcity of natural resources and leads to environmental pollution. The concept of circular economy, which implies the formation of closed-loop chains of production and consumption with maximum regeneration and recycling of materials, is...
| Main Authors: | , , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
LLC "CPC "Business Perspectives"
2021-09-01
|
| Series: | Problems and Perspectives in Management |
| Subjects: | |
| Online Access: | https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/15538/PPM_2021_03_Polyakov.pdf |
| _version_ | 1819135447917395968 |
|---|---|
| author | Maxim Polyakov Igor Khanin Vladimir Bilozubenko Maxim Korneyev Gennadij Shevchenko |
| author_facet | Maxim Polyakov Igor Khanin Vladimir Bilozubenko Maxim Korneyev Gennadij Shevchenko |
| author_sort | Maxim Polyakov |
| collection | DOAJ |
| description | The increased final consumption exacerbates the problem of the scarcity of natural resources and leads to environmental pollution. The concept of circular economy, which implies the formation of closed-loop chains of production and consumption with maximum regeneration and recycling of materials, is considered as an alternative to the firmly established “linear economy” (take-make-dispose). As a part of sustainable development strategy, the European Union adopted a general policy on the transition to a circular economy. However, for objective reasons, such transition is quite uneven at the level of member countries, which adversely affects the total progress. Therefore, the need arises to assess the positions of individual countries and identify major reasons for the uneven transition to support the countries that are lagging.The goal of the study is to identify the factors of uneven progress of the EU countries towards a circular economy. For that reason, a set of empirical data (20 indicators) has been compiled; cluster, classification, and parametric analyses have been conducted. As a result, three clusters of the EU countries have been obtained and six indicators, included into combinations that make all clusters different, have been identified. These indicators can be interpreted as the key factors contributing to the uneven progress of the EU countries towards a circular economy. The difference in harmonic means by clusters allowed quantitatively estimating a “circular gap”. It is of practical value for the EU policy aimed at bridging the gaps between member countries during the transition to a circular economy. |
| first_indexed | 2024-12-22T10:19:14Z |
| format | Article |
| id | doaj.art-80c064390af84237bbc41fea699adc0f |
| institution | Directory Open Access Journal |
| issn | 1727-7051 1810-5467 |
| language | English |
| last_indexed | 2024-12-22T10:19:14Z |
| publishDate | 2021-09-01 |
| publisher | LLC "CPC "Business Perspectives" |
| record_format | Article |
| series | Problems and Perspectives in Management |
| spelling | doaj.art-80c064390af84237bbc41fea699adc0f2022-12-21T18:29:39ZengLLC "CPC "Business Perspectives"Problems and Perspectives in Management1727-70511810-54672021-09-0119333234410.21511/ppm.19(3).2021.2715538Factors of uneven progress of the European Union countries towards a circular economyMaxim Polyakov0https://orcid.org/0000-0001-7896-2486Igor Khanin1https://orcid.org/0000-0002-4221-2314Vladimir Bilozubenko2https://orcid.org/0000-0003-1269-7207Maxim Korneyev3https://orcid.org/0000-0002-4005-5335Gennadij Shevchenko4Doctor of Economics, Associate Professor, Managing Partner Noosphere Ventures Inc., Menlo ParkDoctor of Economics, Professor, National University of Water and Environmental Engineering, RivneDoctor of Economics, Associate Professor, Department of International Economic Relations, Regional Studies and Tourism, University of Customs and FinanceDoctor of Economics, Professor, Department of International Economic Relations, Regional Studies and Tourism, University of Customs and FinanceCandidate of Technical Sciences, Associate Professor, Association NoosphereThe increased final consumption exacerbates the problem of the scarcity of natural resources and leads to environmental pollution. The concept of circular economy, which implies the formation of closed-loop chains of production and consumption with maximum regeneration and recycling of materials, is considered as an alternative to the firmly established “linear economy” (take-make-dispose). As a part of sustainable development strategy, the European Union adopted a general policy on the transition to a circular economy. However, for objective reasons, such transition is quite uneven at the level of member countries, which adversely affects the total progress. Therefore, the need arises to assess the positions of individual countries and identify major reasons for the uneven transition to support the countries that are lagging.The goal of the study is to identify the factors of uneven progress of the EU countries towards a circular economy. For that reason, a set of empirical data (20 indicators) has been compiled; cluster, classification, and parametric analyses have been conducted. As a result, three clusters of the EU countries have been obtained and six indicators, included into combinations that make all clusters different, have been identified. These indicators can be interpreted as the key factors contributing to the uneven progress of the EU countries towards a circular economy. The difference in harmonic means by clusters allowed quantitatively estimating a “circular gap”. It is of practical value for the EU policy aimed at bridging the gaps between member countries during the transition to a circular economy.https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/15538/PPM_2021_03_Polyakov.pdfcircular economyclassificationclusteringfactorsparametric analysissupranational policy |
| spellingShingle | Maxim Polyakov Igor Khanin Vladimir Bilozubenko Maxim Korneyev Gennadij Shevchenko Factors of uneven progress of the European Union countries towards a circular economy Problems and Perspectives in Management circular economy classification clustering factors parametric analysis supranational policy |
| title | Factors of uneven progress of the European Union countries towards a circular economy |
| title_full | Factors of uneven progress of the European Union countries towards a circular economy |
| title_fullStr | Factors of uneven progress of the European Union countries towards a circular economy |
| title_full_unstemmed | Factors of uneven progress of the European Union countries towards a circular economy |
| title_short | Factors of uneven progress of the European Union countries towards a circular economy |
| title_sort | factors of uneven progress of the european union countries towards a circular economy |
| topic | circular economy classification clustering factors parametric analysis supranational policy |
| url | https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/15538/PPM_2021_03_Polyakov.pdf |
| work_keys_str_mv | AT maximpolyakov factorsofunevenprogressoftheeuropeanunioncountriestowardsacirculareconomy AT igorkhanin factorsofunevenprogressoftheeuropeanunioncountriestowardsacirculareconomy AT vladimirbilozubenko factorsofunevenprogressoftheeuropeanunioncountriestowardsacirculareconomy AT maximkorneyev factorsofunevenprogressoftheeuropeanunioncountriestowardsacirculareconomy AT gennadijshevchenko factorsofunevenprogressoftheeuropeanunioncountriestowardsacirculareconomy |