Кръговата икономика, през погледа на критиците
The circular economy through the eyes of the critics

Author(s): Mina Karpuzova
Subject(s): Economy, National Economy, Socio-Economic Research
Published by: Международно висше бизнес училище
Keywords: circular economy; sustainable development; circular business models
Summary/Abstract: The current literature is dominated by reports and studies that mainly focus on the benefits and effectiveness of implementing the Circular economy (CE). Few authors and publications examine the topic from a critical perspective, stressing on disadvantages, and potential problems in the model. The presence of scientifically negative positions inevitably necessitates the need to collect, systematize and thoroughly explore them. The report aims to make a general analysis of some of the existing criticisms regarding the CE model. The initial review revealed that the main challenges and disagreements centered mainly on the comprehensiveness and complexity of the subject matter; the need for a correct and realistic risk assessment; the absence or ambiguity regarding the strategic directions of development; the incompleteness and still insufficient clear and specific legislation and standardization; as well as to and prioritizing global issues. In order to identify and improve the weaknesses of the model, is extremely important for the critical analysis to be constructive and justified. This approach of analysis aims to contribute to the maximum extent to the overall improvement of the model during its implementation.

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