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Sustainable Growth: A Circular Economy Perspective

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  • Brian Chi-ang Lin

Abstract

Since the Brundtland Report was released in 1987, research on sustainable development has become an urgent issue of common concern. To meet the present consumption without compromising the needs of future generations, it is essential for society to practice the “don’t waste waste” principle and to promote sustainable growth. As this article illustrates, sustainable growth can be understood as an institutional arrangement of regenerating circular GDP in a sustainable manner. In the circular economy system, sustainable growth is not only theoretically feasible, but also looks very promising. To promote sustainable consumption and investment, a certain degree of institutional planning (i.e., a process of progressive institutional change) initiated by a community or a government is necessary. Sustainable growth is, in essence, a dynamic process of mutually-interacting socioeconomic activities of learning and training in sustainability issues, and this requires great effort as well as the active participation of people from all walks of life.

Suggested Citation

  • Brian Chi-ang Lin, 2020. "Sustainable Growth: A Circular Economy Perspective," Journal of Economic Issues, Taylor & Francis Journals, vol. 54(2), pages 465-471, April.
    • Handle: RePEc:mes:jeciss:v:54:y:2020:i:2:p:465-471
    DOI: 10.1080/00213624.2020.1752542
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    Cited by:

    1. Magdalena Rzemieniak & Monika Wawer, 2021. "Employer Branding in the Context of the Company’s Sustainable Development Strategy from the Perspective of Gender Diversity of Generation Z," Sustainability, MDPI, vol. 13(2), pages 1-24, January.
    2. Roleders Viktoriia & Oriekhova Tetyana & Sysoieva Inna, 2022. "Trends in a Global Circular Economy," Management Theory and Studies for Rural Business and Infrastructure Development, Sciendo, vol. 44(2), pages 176-184, June.
    3. Weiyu Gu & Weifeng Yan & Shiqin Yu, 2024. "Rule of law, corruption and transparency impacts on green growth of East Asian economies," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-8, December.
    4. Ozili, Peterson K, 2021. "Circular economy, banks and other financial institutions: what’s in it for them?," MPRA Paper 107397, University Library of Munich, Germany.
    5. Basil Oberholzer, 2023. "Green Growth and the Balance‐of‐payments Constraint," Development and Change, International Institute of Social Studies, vol. 54(4), pages 804-840, July.
    6. Jawaher Binsuwadan & Ghadda Yousif & Hiyam Abdulrahim & Hind Alofaysan, 2023. "The Role of the Circular Economy in Fostering Sustainable Economic Growth in the GCC," Sustainability, MDPI, vol. 15(22), pages 1-17, November.
    7. Peterson K. Ozili, 2021. "Circular Economy, Banks, and Other Financial Institutions: What’s in It for Them?," Circular Economy and Sustainability, Springer, vol. 1(3), pages 787-798, November.
    8. K. E. K. Vimal & Ming-Lang Tseng & Samanyu Raju & Mahesh Cherukuri & Amith Ashwithi & Jayakrishna Kandasamy, 2022. "Circular function deployment: a novel mathematical model to identify design factors for circular economy," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(7), pages 9068-9101, July.
    9. D. Nishijima & M. Oguchi, 2024. "Comparing Product Lifetime Extensions by Enhancing Consumers’ Expected Product Lifetime Among Different Durable Products," Journal of Consumer Policy, Springer, vol. 47(2), pages 223-239, June.
    10. Bongers, Anelí & Casas, Pablo, 2022. "Corrigendum to “The circular economy and the optimal recycling rate: A macroeconomic approach” [Volume 199, September 2022, 107504]," Ecological Economics, Elsevier, vol. 201(C).

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