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Germany is Ahead to Implement Sustainable Circular Economy

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  • Mohajan, Haradhan

Abstract

This study tries to discuss aspects of application of circular economy (CE) in Germany. Since the start of the First Industrial Revolution (start in 1760), more than 260 years ago, there becomes enormous development in global linear economy (LE) on the basis of ‘take, make and dispose’. Modern various technologies, such as automobiles, electricity, telephones, mobile phones, transistors, airplanes, computers, and the internet have brought enormous change in production and consumption. But unsustainable side effects of LE are; loss of biodiversity, deforestation, environment pollution, climate change, etc. On the other hand, CE represents a sustainable economy. It keeps resources and materials, as long as, possible. The purpose of this study is to show the importance and beneficial effects of a realized CE on the economic, environmental and social sectors for the success of global sustainable development and the contribution of CE in Germany. Germany is the first country in the world that tries to implement CE by using technologies of waste and resource management.

Suggested Citation

  • Mohajan, Haradhan, 2021. "Germany is Ahead to Implement Sustainable Circular Economy," MPRA Paper 108566, University Library of Munich, Germany, revised 20 Jun 2021.
    • Handle: RePEc:pra:mprapa:108566
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    File URL: https://mpra.ub.uni-muenchen.de/108566/1/MPRA_paper_108566.pdf
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    References listed on IDEAS

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    1. Venkatachalam Anbumozhi & Jootae Kim, 2016. "Towards a Circular Economy: Corporate Management and Policy Pathways," Books, Economic Research Institute for ASEAN and East Asia (ERIA), number 2014-rpr-44 edited by Venkatachalam Anbumozhi & Jootae Kim, August.
    2. Oliver Lah, 2016. "Circular Economy Policies and Strategies of Germany," Chapters, in: Venkatachalam Anbumozhi & Jootae Kim (ed.), Towards a Circular Economy: Corporate Management and Policy Pathways, chapter 5, pages 67-82, Economic Research Institute for ASEAN and East Asia (ERIA).
    3. Adriana Neligan, 2018. "Digitalisation as Enabler Towards a Sustainable Circular Economy in Germany," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 53(2), pages 101-106, March.
    4. Haradhan Kumar MOHAJAN, 2020. "Circular Economy can Provide a Sustainable Global Society," Journal of Economic Development, Environment and People, Alliance of Central-Eastern European Universities, vol. 9(3), pages 38-62, September.
    5. Cristina Lucier & Brian Gareau, 2020. "Electronic Waste Recycling and Disposal: An Overview," Chapters, in: Hosam M. Saleh (ed.), Assessment and Management of Radioactive and Electronic Wastes, IntechOpen.
    6. United Nations UN, 2015. "Transforming our World: the 2030 Agenda for Sustainable Development," Working Papers id:7559, eSocialSciences.
    7. Mohajan, Haradhan, 2015. "Sustainable Development Policy of Global Economy," MPRA Paper 82815, University Library of Munich, Germany, revised 30 Mar 2015.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Mohajan, Haradhan, 2021. "Circular Economy in China: Towards the Progress," MPRA Paper 109281, University Library of Munich, Germany, revised 03 Aug 2021.
    2. Mohajan, Devajit & Mohajan, Haradhan, 2023. "Economic Aspects of Profit Maximization if Cost of Principal Raw Material Increases," MPRA Paper 117453, University Library of Munich, Germany, revised 22 Mar 2023.
    3. Mohajan, Devajit & Mohajan, Haradhan, 2023. "The Responses of an Organization for the Increase in Wage Rates: Profit Maximization Cases," MPRA Paper 118238, University Library of Munich, Germany, revised 10 Jun 2023.
    4. Mohajan, Devajit & Mohajan, Haradhan, 2023. "Economic Investigation of Lagrange Multiplier if Cost of Inputs and Budget Size of a Firm Increase: A Profit Maximization Endeavor," MPRA Paper 117993, University Library of Munich, Germany, revised 07 May 2023.
    5. Mohajan, Devajit & Mohajan, Haradhan, 2023. "Various Problems Arise in Industrial Economics If Wage Rate Increases: A Study for Nonlinear Budget Constraint," MPRA Paper 117553, University Library of Munich, Germany, revised 04 Apr 2023.
    6. Mohajan, Devajit & Mohajan, Haradhan, 2023. "Effects of Various Inputs for Increased Interest Rate of Capital: A Nonlinear Budget Constraint Consideration," MPRA Paper 118134, University Library of Munich, Germany, revised 06 May 2023.
    7. Mohajan, Devajit & Mohajan, Haradhan, 2023. "An Economical Study When Cost of Irregular Raw Materials of an Industry Increases for Nonlinear Budget Constraint," MPRA Paper 118176, University Library of Munich, Germany, revised 05 May 2023.
    8. Elshof, Gero & Luckmann, Jonas & Siddig, Khalid, 2022. "A 2018 Social Accounting Matrix for Germany depicting waste and recycling accounts for a circular economy," Working Paper Series 320879, Humboldt University Berlin, Department of Agricultural Economics.

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    More about this item

    Keywords

    Circular economy; Germany; sustainable development; waste management;
    All these keywords.

    JEL classification:

    • D6 - Microeconomics - - Welfare Economics
    • G1 - Financial Economics - - General Financial Markets
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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