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Scientific Article details

Title Impact Of Globalisation On Consumer Behaviour By Utilising Circular Economy
ID_Doc 211
Authors Rybansky, R; János, D
Title Impact Of Globalisation On Consumer Behaviour By Utilising Circular Economy
Year 2018
Published
DOI
Abstract Effective exploitation of natural resources, an increase in employment in the sector of waste economy and the fight against climate change that are aimed at lowering the amount of waste ending up in landfills, are the key tools to protect the environment. The level of economy and the quality of our life depends on availability of natural resources. Traditional economy is characterised by one-way, linear process, i.e. resources - products - waste, aimed at maximization of social wealth and profit, the process that excessively consumes natural resources, produces uncontrollable amount of waste and has a negative impact on natural resources and the environment that is influenced by globalisation process. By considering an increase in productivity, lowering of costs and fostering competition in Europe, circular economy as a scientific concept represents a model of sustainable development that is a kind of green economy. Before determining the ways of implementation, when introducing circular economy in Slovak economy, it is inevitable to analyse factors that have an impact on this phenomenon. Our paper focuses on defining the analysis results, and on monitoring and utilising innovations in consumer behaviour by implementing circular economy in Slovakia. The research was aimed at various sets of consumers of the European Union and the Slovak Republic. In conclusion, we define proposals ensuring compliance with legislation, circular economy principles and consumers influenced by world globalisation.
Author Keywords circular economy; innovation; consumer behaviour; globalisation; legislation; ecology
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Conference Proceedings Citation Index - Social Science & Humanities (CPCI-SSH)
EID WOS:000681676300114
WoS Category Business; Business, Finance; Economics; International Relations; Management
Research Area Business & Economics; International Relations
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