| Title | Circular Economy - A New Challenge For Romanians Consumption Trends In A Time Of Crisis |
|---|---|
| ID_Doc | 641 |
| Authors | Iuga, A; Popa, V; Popa, L |
| Title | Circular Economy - A New Challenge For Romanians Consumption Trends In A Time Of Crisis |
| Year | 2016 |
| Published | |
| Abstract | Purpose - To find out the correlation between "The innovative components of circular economy" and Romanian consumption trends in a time of crisis. Methodology/approach - Theoretical and empiric study of issue, using European Commission documents. Findings - The "Innovative components of Circular economy" (as matrix components) represent a development strategy that entails economic growth without increasing Romanians consumption of resources, deeply transform production chains and consumption habits and redesign industrial systems at the system level. Research limitations/implications - The Romanian companies managers' which are hying to implement circular economy in Romania need to take in consideration three basic innovative components of circular economy because these could affect the entire economy for long term. Practical implications - The Romanian companies managers' which are trying to implement circular economy in Romania need to take in consideration the main consumption trends of Romanian population because they could affect our country GDP for the next years. Originality/value - The innovative components ("Involving citizens" and "Policy Support Instruments") belong to social-political factors that could influence the economic strategy of our Romanian state. |
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