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The concept of the circular economy

Paweł Bartoszczuk

SGH Warsaw School of Economics, Institute of Enterprise, 162 Niepodległości Ave, 02-554 Warsaw, Poland

e-mail: pbarto1@sgh.waw.pl

ORCID: 0000-0002-2208-5960

Keywords:
circular  economy, Central European countries, innovation, production of waste, recycling.

Abstract

DOI: https://doi.org/10.56652/ejmss2021.1.4
received:   26.04.2021
corrected:  07.05.2021
accepted: 21.05.2021

In the light of limited resources the implementation of a circular economy seems to be very urgent. We use data from Central European countries to show some indicators of the circular economy. The Study by Politico reveals that circularity leaders in Europe are West European countries. Contrary to expectations, the leaders in lower production of waste were Poland, The Czech Republic and countries from Eastern and Central Europe. Several major barriers to the circular economy exist in this region including: limited access to capital, a lack of research, rigid public procurement practices that make innovative technologies unattractive and a lack of environmental awareness.

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