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A Practical and Analytic View on Legal Framework of Circular Economics as One of the Recent Economic Law Insights: A Comparative Legal Study

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  • Nima Norouzi

    (Amirkabir University of Technology (Tehran Polytechnic))

Abstract

The concept of circular economy has gained a lot of attention in the last five years and has become the new all-encompassing notion for sustainable public policies. There is to date no commonly agreed definition of the circular economy, and it is one of the goals of this thesis to put forward one. A starting point for characterizing it might be in opposition to the linear “take-make-dispose” economic model that has dominated economic thinking for more than 150 years and whereby the environment is an open space in which humanity can draw resources infinitely and discharge unlimited amounts of emissions. The circular economy developed in particular as a way to counter the dramatic environmental consequences of the ensuing throwaway society based on the mass production of low-quality products for rapid consumption and discard. This paper aims to explore the basis for a legal framework for the circular economy that can guarantee a sustainable future for humanity; one in which products contribute to social and economic prosperity without threatening the planetary boundaries. The adopted methodology is related to the documentary observation, the survey, review, and systematization of the bibliography on the subject, identifying specific theoretical–technical concepts and principles, and analysing the laws that received this new economy. Finally, it is concluded that there is a global concern about environmental deterioration and progress in creating a regulatory framework, both at the national, regional, and international levels, that encourages circularity.

Suggested Citation

  • Nima Norouzi, 2022. "A Practical and Analytic View on Legal Framework of Circular Economics as One of the Recent Economic Law Insights: A Comparative Legal Study," Circular Economy and Sustainability, Springer, vol. 2(3), pages 961-986, September.
    • Handle: RePEc:spr:circec:v:2:y:2022:i:3:d:10.1007_s43615-022-00147-z
    DOI: 10.1007/s43615-022-00147-z
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    References listed on IDEAS

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    1. Bauwens, Thomas & Hekkert, Marko & Kirchherr, Julian, 2020. "Circular futures: What Will They Look Like?," Ecological Economics, Elsevier, vol. 175(C).
    2. Lucas Becerra & Sebastián Carenzo & Paula Juarez, 2020. "When Circular Economy Meets Inclusive Development. Insights from Urban Recycling and Rural Water Access in Argentina," Sustainability, MDPI, vol. 12(23), pages 1-21, November.
    3. Kirchherr, Julian & Reike, Denise & Hekkert, Marko, 2017. "Conceptualizing the circular economy: An analysis of 114 definitions," Resources, Conservation & Recycling, Elsevier, vol. 127(C), pages 221-232.
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    5. Kengpol, Athakorn & Boonkanit, Prin, 2011. "The decision support framework for developing Ecodesign at conceptual phase based upon ISO/TR 14062," International Journal of Production Economics, Elsevier, vol. 131(1), pages 4-14, May.
    6. John A. Mathews & Hao Tan, 2011. "Progress Toward a Circular Economy in China," Journal of Industrial Ecology, Yale University, vol. 15(3), pages 435-457, June.
    7. Jose Luis Cornejo-Ortega & Rosa María Chávez Dagostino, 2020. "The Tourism Sector in Puerto Vallarta: An Approximation from the Circular Economy," Sustainability, MDPI, vol. 12(11), pages 1-14, May.
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