Closed chain rather than circularity in the sustainable economy
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2023-10-23 20:06
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DINGA, Emil. Closed chain rather than circularity in the sustainable economy. In: Competitiveness and sustainable development, Ed. 2nd edition, 20 noiembrie 2020, Chişinău. Chișinău, Republica Moldova: 2020, Editia 2, p. 12. ISBN 978-9975-45-652-4.
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Competitiveness and sustainable development
Editia 2, 2020
Conferința "Competitiveness and sustainable development"
2nd edition, Chişinău, Moldova, 20 noiembrie 2020

Closed chain rather than circularity in the sustainable economy


Pag. 12-12

Dinga Emil
 
Romanian Academy of Science
 
Disponibil în IBN: 31 decembrie 2020


Rezumat

Paper approaches a topic rather common in the specialty literature, namely the needed (or even without alternative) circularity of the economic process in the conditions of globalization and of other global challenges (e.g. climate change). More precisely, the purpose of paper is to prove that not the circularity of economy is the key property to ensure on its sustainability, but a more general property, namely the closed chain of the economic flows – inputs, outputs, outcomes, externalities etc. Moreover, paper shows that economic circularity is, in fact a species (i.e. a particular case) of the chain closing, namely a local or temporary (at any rate, a too contextualized) state of a given economic process or system. Finally, paper suggests some conceptual and methodological aimed at to replace the concept of circularity with the one of closed chain.

Cuvinte-cheie
circularity, closed economic chain, economic flows, Economy, sustainability