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Economic Growth and Consumption of Material Resources

In: Europe in the New World Economy: Opportunities and Challenges

Author

Listed:
  • Alexandra-Ioana Lazăr

    (Romanian Academy)

  • Mile Vasić

    (European Marketing and Management Association (EUMMAS))

Abstract

On a global scale, resource restrictions are obvious, which makes recycling a necessity. Considering this, it is necessary to approach the connection between economic growth and resource consumption, the approach to such a complex issue highlights the importance of the recovery and reintroduction of resources into the economic circuit. Therefore, the activity of their recovery and valorisation are of particular importance, given the increasing dependence of economic growth on the import of raw materials. Economic growth and technological progress are the main factors that lead to resource consumption. High use of resources creates pressures like the depletion of non-renewable resources and the strong use of renewable ones, transport and activities that include mining which cause important emissions to soil, air and water.

Suggested Citation

  • Alexandra-Ioana Lazăr & Mile Vasić, 2024. "Economic Growth and Consumption of Material Resources," Springer Proceedings in Business and Economics, in: Luminita Chivu & Valeriu Ioan-Franc & George Georgescu & Ignacio De Los Ríos Carmenado & Jean Vasile (ed.), Europe in the New World Economy: Opportunities and Challenges, chapter 0, pages 649-656, Springer.
    • Handle: RePEc:spr:prbchp:978-3-031-71329-3_40
    DOI: 10.1007/978-3-031-71329-3_40
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