| Title | Promoting Circularity in Transition Economies: The Role of Trade and Economic Cooperation |
|---|---|
| ID_Doc | 16260 |
| Authors | Tuerk, E; Sporysheva, N |
| Title | Promoting Circularity in Transition Economies: The Role of Trade and Economic Cooperation |
| Year | 2022 |
| Published | Global Trade And Customs Journal, 17, 2 |
| Abstract | In a global economy, interconnected through international and regional value chains, there are strong links between international trade and circular economy. During the post COVID-19 recovery phase, it is particularly important to make circular economy and trade policies mutually supportive. This paper provides novel evidence on how trade and economic integration has a potential to contribute to shifting to the circular economy in the transition economies of the Eurasian region. While being significantly dependent on finite resources, this region has a big potential of transitioning to more sustainable approaches. The region has strong regional links and is actively involved in liberalizing trade at the multilateral level through acceding to the World Trade Organization (WTO), which entails undergoing significant reforms, and thus constitutes an opportunity for shifting to circular economy principles. |
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