Annals of the University of Petrosani: Economics (Oct 2021)
AN ANALYSIS OF THE DIMENSIONS OF THE ROMANIAN CIRCULAR ECONOMY IN THE EUROPEAN UNION CONTEXT
Abstract
In the current context, marked by a profound insufficiency of resources with regards to the needs of mankind, the application of principles and efficient models of the circular economy needs to become a constant and sustained concern of every member state of the European Union. Therefore, Romania, a full member of the European Union, needs to align its circular economy objectives with the ones of the Union, transitioning from the linear economy to an economic model which can offer opportunities meant to reduce the pressure put upon the environment, and to confer a growth in competitiveness, innovation, and new jobs. An analysis of the dimensions of the circular economy in Romania, through some specific indicators used at the level of the EU, permits the outlining of a picture associated with the place occupied by our country in relation with the European average or other member states, and the measurement of the completion of desiderata assumed through the national or European plans or strategies regarding the circular economy.