The European Economy: From a Linear to a Circular Economy

For quite some time a profound preoccupation for many economists, politicians, environmentalists, sociologists or philosophers looking towards the coming decades consisted in searching for a new paradigm of development and growth that is feasible within the given limits of planet Earth. There are a...

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Main Author: Florin Bonciu
Format: Article
Language:English
Published: European Institute of Romania 2014-12-01
Series:Romanian Journal of European Affairs
Subjects:
Online Access:https://rjea.ier.gov.ro/wp-content/uploads/articole/RJEA_2014_vol14_no4_art5.pdf
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author Florin Bonciu
author_facet Florin Bonciu
author_sort Florin Bonciu
collection DOAJ
description For quite some time a profound preoccupation for many economists, politicians, environmentalists, sociologists or philosophers looking towards the coming decades consisted in searching for a new paradigm of development and growth that is feasible within the given limits of planet Earth. There are already widely accepted concepts like “sustainable development” or “low-carbon economy” that seem right but not enough. Such concepts seem to address the effects and not the causes. In this paper we analyze a broader approach that places human activity into a long term historical perspective, namely the circular economy. This new development paradigm, supported by the European Union, is, in fact, an “old” one moved upwards on a dialectical spiral so that it connects and resonates with the spirit and realities of our times. The conclusions reflect optimism concerning the success in large scale implementation of the circular economy concept in the European Union and worldwide and thus in taking advantage of opportunities rather than wasting resources by opposing the ineluctable changes.
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spelling doaj-art-dc3d4143d9bc4aeb8b47a97ca8a716bb2025-08-20T02:21:14ZengEuropean Institute of RomaniaRomanian Journal of European Affairs1582-82711841-42732014-12-011447891The European Economy: From a Linear to a Circular EconomyFlorin Bonciu0PhD, University Professor and Vice-president for Research with the Romanian-American University in Bucharest, and Senior Researcher with the Institute for World Economy in BucharestFor quite some time a profound preoccupation for many economists, politicians, environmentalists, sociologists or philosophers looking towards the coming decades consisted in searching for a new paradigm of development and growth that is feasible within the given limits of planet Earth. There are already widely accepted concepts like “sustainable development” or “low-carbon economy” that seem right but not enough. Such concepts seem to address the effects and not the causes. In this paper we analyze a broader approach that places human activity into a long term historical perspective, namely the circular economy. This new development paradigm, supported by the European Union, is, in fact, an “old” one moved upwards on a dialectical spiral so that it connects and resonates with the spirit and realities of our times. The conclusions reflect optimism concerning the success in large scale implementation of the circular economy concept in the European Union and worldwide and thus in taking advantage of opportunities rather than wasting resources by opposing the ineluctable changes.https://rjea.ier.gov.ro/wp-content/uploads/articole/RJEA_2014_vol14_no4_art5.pdfdevelopment paradigmlinear economycircular economyeuropean economyspirit of our times
spellingShingle Florin Bonciu
The European Economy: From a Linear to a Circular Economy
Romanian Journal of European Affairs
development paradigm
linear economy
circular economy
european economy
spirit of our times
title The European Economy: From a Linear to a Circular Economy
title_full The European Economy: From a Linear to a Circular Economy
title_fullStr The European Economy: From a Linear to a Circular Economy
title_full_unstemmed The European Economy: From a Linear to a Circular Economy
title_short The European Economy: From a Linear to a Circular Economy
title_sort european economy from a linear to a circular economy
topic development paradigm
linear economy
circular economy
european economy
spirit of our times
url https://rjea.ier.gov.ro/wp-content/uploads/articole/RJEA_2014_vol14_no4_art5.pdf
work_keys_str_mv AT florinbonciu theeuropeaneconomyfromalineartoacirculareconomy
AT florinbonciu europeaneconomyfromalineartoacirculareconomy