ECONOMICS (Dec 2023)

Development of Circular Economy in Modern Conditions

  • Podlevska Oksana,
  • Podlevskyi Andrii

DOI
https://doi.org/10.2478/eoik-2023-0025
Journal volume & issue
Vol. 11, no. 2
pp. 97 – 112

Abstract

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The concept of a circular economy in the world arose in response to growing consumption and, as a result, to the accumulation of a mass of waste that cannot be quickly processed in the natural environment and has a harmful effect on the environment. The introduction of a circular economy along with the modernization of production will provide Ukrainian society with double benefits. First, the reuse of already consumed resources allows you to obtain significant benefits both in terms of savings in their purchase and in reducing the costs of waste disposal. Secondly, the burden on the environment is reduced and the problems of waste disposal are solved, which positively affects the country’s ecosystem.

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