Abstract

The chapter is devoted to understanding circular economy as a new stage of economic development, which is aimed to respect limited quantity of water, soil, clean air and ecosystem services, strongly connected to the new global social tensions, and how to achieve this stage. The literature survey has shown the current concepts for circular economy discuss new usage of resources, but not who and how will provide such changes. That is why it is suggested application of the Hegelian doctrine for economic development which is answering similar (we mean social) to the above questions – how to get freedom and society consolidation in market economy, suggesting state regulation of market economy. Consequently such regulation is needed to overcome the social tensions strongly connected to limited quantity of resources, vital for the future of society. Taking this doctrine as a theoretical background, it is assumed each new stage of economic development is characterised by different content of goals, subject and means for achieving the goals. The applicability of the notion circular economy is a new stage of economic development is tested and approved by demonstrated contemporary changes in policies for economic development, taking place in the European union, by recently changed and achieved goals of its development.

Highlights

  • The importance of producing more value using less material and diversifying consumption has been become a driver for developing variety of concepts of circular economy

  • The circular economy sectors created value added in 2014 an increase of 6.1% compared to 2012

  • We provide some arguments for understanding circular economy as a new stage of economic development, where the goal is to meet the challenges of tensions in globalised world, which are strongly connected to resources in limited quantities

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Summary

Introduction

The recent tensions in the globalised world are strongly connected to resources in limited quantities. In this regard, the importance of producing more value using less material and diversifying consumption has been become a driver for developing variety of concepts of circular economy. Summarising the recent achievements in understanding economic development and circularity of resources presented in these concepts;. Identifying understandings how and who will transform linear free market economy into a circular one;. Defining a theoretical background to solve the above problems;.

Understanding the economic development and circularity
Circular economy concepts
Hegelian economic development doctrine
Monitoring circular economic development
Circular economy development policy measures in Europe
Assessment of circularity of European economic development: first findings
Secondary raw materials
Competitiveness and innovation
Findings
Conclusions
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