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Waste Management And Circular Economy

Author

Listed:
  • ALEKSANDRA STANKOVSKA

    (European University – Republic of Macedonia)

  • SAVICA DIMITRIESKA

    (European University - Republic of Macedonia)

Abstract

The central theme of this issue is waste management in relation with circular economy. The circular economy is geared towards extending the added value of products and even eliminating the production of waste as far as possible. The business concept of a Circular Economy is based on an idea: learn from natural processes and “get back” to a circular use of resources, inspired by the way it was naturally designed. In this regard, waste management plays a striking role, determining whether materials are deprived in definite disposal or recovered and reintegrated into the economic cycle. In a circular economy the value of products and materials is maintained for as long as possible; waste and resource uses are minimized, and resources are kept within the economy when a product has reached the end of its life, to be used again and again to create further value.

Suggested Citation

  • Aleksandra Stankovska & Savica Dimitrieska, 2017. "Waste Management And Circular Economy," Economics and Management, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 13(2), pages 11-18.
    • Handle: RePEc:neo:journl:v:13:y:2017:i:2:p:11-18
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    More about this item

    Keywords

    waste management; circular economy; added value; waste; resource; naturally designed;
    All these keywords.

    JEL classification:

    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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