| Title | Impact Of Globalisation Process On Circular Economy |
|---|---|
| ID_Doc | 202 |
| Authors | Janosova, D; Hulajova, L |
| Title | Impact Of Globalisation Process On Circular Economy |
| Year | 2018 |
| Published | |
| Abstract | The global crisis of civilization manifests itself in all areas of our society. The negative impacts of these global phenomena are manifested as economic and political instability in different countries. One of the sources of such negative impacts of the global crisis are the current economic thinking, and functioning of economic systems in the world economy. The current state of the global crisis of the mankind is linked to the globalisation processes of the world economy whose speed and unlimited impact create destructive effects. Economics provides sufficient guidance and explanation of the economic phenomena in each country as well as guidance how to behave in the globalisation process. However, limitlessly growing demand and rapid economic growth of modern economies have come into conflict with the rules of nature functioning, resulting in polluted environment and declining reserves of natural energies and raw materials. The environmental issues are very complex and the circular economy cannot provide solutions for all of them, however, it affects many areas. The circular economy deals with production, consumption and waste production issues. Through the product life cycle analysis, it examines the production process from the extraction of raw materials to the disposal of a product while considering energy consumption, water consumption and the like, used to manufacture a product. It is a complex view of its life cycle, from the first to the last step. The purpose of the paper is to propose recommendations and draft proposals aimed at improvements in the given area that are based on the analysis of the current state of the circular economy and on the evalutation of the consumers' survey in Slovakia. |
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