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Scientific Article details

Title The circular economy for sustainable development: implementation strategies in advanced small open economies
ID_Doc 1851
Authors Dagiliene, L; Bruneckiene, J; Varaniute, V; Lukauskas, M
Title The circular economy for sustainable development: implementation strategies in advanced small open economies
Year 2023
Published International Journal Of Environment And Sustainable Development, 22, 1
DOI 10.1504/IJESD.2023.127425
Abstract Sustainable development and circular economy (CE) policy perspectives are growing in importance. However, there is little empirical research about the implementation of a CE or a critical review of its indicators at the country level. Using an institutional approach, this paper explores CE implementation strategies in advanced small open economies (SOEs) in the European Union (EU). We used a principal components analysis (PCA) and a clustering analysis based on data from the EU monitoring framework for the CE, specifically 13 small open economies from 2010-2017. The main findings reveal three CE implementation strategies correlated with CE development stages: integrated to value chain, focused on institutional compliance and fragmented profiles. Surprisingly, we found no evidence for the expansion of CE-related sectors based upon persons employed, value added or gross investments. This topic deserves further investigation, with important implications for future research and policymaking.
Author Keywords circular economy; CE; strategy; small open economy; SOEs; implementation; principal components analysis; PCA; indicators
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Emerging Sources Citation Index (ESCI)
EID WOS:000894396500004
WoS Category Environmental Studies
Research Area Environmental Sciences & Ecology
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