Abstract

The circular economy is considered as one of the most important priorities in the National Strategy for Sustainable Development of the Republic of Belarus until 2035. This opens new opportunities for increasing the competitiveness of traditional sectors of the economy and preserving a favorable environment as well as actualizing the issue of the readiness of the Belarusian business for circular transformation. The purpose of the study is to explore how Belarusian enterprises assess the possibilities of this transition, as well as to identify the barriers and drivers for the development of a circular economy in the Republic of Belarus. The information base of the study consists in theoretical and methodological scientific research by domestic and foreign scientists devoted to the circular economy, regulatory and information materials of ministries and departments, as well as information from official sites and other Internet sources. The article presents the results of a series of surveys of Belarusian business conducted in the 2019-2021 period. The first survey dealt with the issues of waste management in the industry, construction, and trade in Belarus (the first quarter of 2019). The second one was designed to determine the level of understanding of the circular economy concept by Belarusian business using diagnostic interviews processed in the software product rep: grid get things straight by Dr. Rosenberger (2020). The third survey studied the possibilities of circular transformation in Belarus (2020-2021). The results of the study show that the development of the circular economy concept has not become widespread in Belarus, but there are already promising examples of the implementation of circular business models in the country. Representatives of the traditional (linear) business model intend to involve secondary resources in the production process in separate production areas. Enterprises with the elements of a closed cycle are focused on the full and efficient use of resources and are aimed at increasing profits, including through the introduction of circular innovations in any production processes.

Highlights

  • Representatives of traditional business models argue that this type of production organization prevails in Belarus, and the circular economy is represented only by single business projects that cannot be effective without scaling

  • While maintaining the previously selected specialization to increase the economic efficiency of the business, they intend to involve in the production process secondary resources in individual production areas

  • The draft National Action Plan for the Development of a Green Economy in the Republic of Belarus for 2021-2025 (Ministry of Natural Resources and Environmental Protection (2021)), which is currently undergoing the final stage of approval by the Republic of Belarus Council of Ministers, provides a development strategy regarding the circular economy of the Republic of Belarus for the period up to 2035, as well as a number of measures to introduce the principles of the circular economy in various types of economic activity

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Summary

ECONOMY AND SOCIOLOGY

Nadezhda BATOVA2, PhD in Economics, Associate Professor, Institute of Economics of the National Academy of Sciences of Belarus Irina TOCHITSKAYA3, PhD in Economics, Associate Professor, Green Economy Expert Yauheniya SHERSHUNOVICH4, PhD Student, Center for Development Research (ZEF), University of Bonn DOI: https://doi.org/10.36004/nier.es.2021.2-04 JEL: М 21, O 13, Q01, Q53, Q57 UDC: 338.2(476)

Theoretical and scientifical journal
INTRODUCTION
Transitional model
Recycling of used products to create new raw materials or products
Findings
CONCLUSIONS
Full Text
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