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ISSN: 2344 - 102X
ISSN-L: 2344 - 102X
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Article from Volume 8, Number 3, Year 2020| EUROPEAN CIRCULAR ECONOMY - A REAL MODEL FOR THE SUSTAINABLE DEVELOPMENT OF THE ECONOMY OF THE REPUBLIC OF MOLDOVA | 
Download | | Author(s): Victoria Ganea, Iulita Birca | | DOI: 104316/EJAFB.2020.836 | | Abstract: The actuality of this study is to identify the most effective ways to overcome the resource deficit, in order to reduce the pressure on the environment, ensure sustainable economic growth and improve the living standards of the population. By analyzing the postulates underlying the development of the circular economy from an European perspective, there is outlined the aim to identify the best possibilities for their application in the national economy of the Republic of Moldova, so that it was possible to highlight certain solutions in overcoming impediments in the researched field, some of which are: moderate use of resources, socially responsible consumption, waste-free production, design of organic products and their reuse. Adopting the principles of the circular economy and developing related innovative business models, introducing new closed-cycle production technologies such as the donut model, involve not only timely and consistent modernization of legal regulation in the country and the creation of appropriate framework conditions for business, but also require new qualitative approaches of economic entities. | | Keywords: Circular Economy; Globalization; Sustainable Development; Green Economy; Sustainability; Environmental Protection | References:
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