MODERN WORLD TREND OF SUSTAINABLE ECONOMY AND FORMATION OF THE CIRCULAR ECOSYSTEM IN THE REPUBLIC OF MOLDOVA

Abstract

Starting from studies conducted in the field, the authors define sustainable economy as a global trend and identify co-creation power of circular ecosystem in the Republic of Moldova. Attention is paid to sustainable economy as based on managing resources in interest of not only contemporary generations, but also the future ones. The implementation of policies related to business interests should be closely linked to sustainable development of natural and socio-cultural ecosystems. The technologies of circular economy directly contribute to sustainable economy. The ecological crisis and the current pandemic situation are leading to a revision of socio-economic values that result in the need to form circular global ecosystem. The round table of 18.12.2020, organized by the authors within ASEM, confirmed that activists, entrepreneurs, academics and political decision makers, being driving forces of sustainable economy, capitalize on this global trend, co-creating the circular ecosystem.

Keywords

• world trend
• sustainable economy
• circular economy
• circular ecosystem