Measuring and analyzing the impact of circular economy indicators on sustainable economic development

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Published: Sep 30, 2021

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Keywords:
circular economy, sustainable development, economic development,
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DOI:10.25130/tjaes.17.55.3.14
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DOI: 10.25130/tjaes.17.55.3.14
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khudhur jassim hamed
College of Administration and Economics, Tikrit University
khudhr_jassim82@tu.edu.iq
Anmar Ameen Haji Barwary
College of Administration and Economics, Tikrit University
anmar_ameen@uomosul.edu.iq

DOI:https://doi.org/10.25130/tjaes.17.55.3.14

Abstract

The circular economy contributes effectively and directly to promoting the economic development of countries in a way that supports the dimensions of sustainable development by addressing the challenges related to the rational control of the use of resources and energy. Promoting modern technologies and innovation in a sustainable manner creates job opportunities and these improve the standard of living creating new added value By extending the life of products, the research aimed to know the impact of circular economy indicators on the economic development of a sample of the European Union countries and what are the ways that those countries have taken to obtain added values ​​in the gross domestic product. The research found that there is a direct and significant relationship in a number of circular economy indicators that have positive effects on economic development represented by the gross domestic product. The research recommended supporting small projects and institutions that have the ability to keep pace with the transformations that occur in production processes through the development of smart and sustainable design of products, the adoption of modern industrial technologies of high production quality, the establishment of appropriate infrastructure, and the stimulation of industrialization in its ring model, which helps the transition towards sustainable development..

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How to Cite
hamed, khudhur jassim, & Haji Barwary, A. A. (2021). Measuring and analyzing the impact of circular economy indicators on sustainable economic development. Tikrit Journal of Administrative and Economic Sciences, 17(55, 3), 234–249. https://doi.org/10.25130/tjaes.17.55.3.14
Issue
Vol. 17 No. 55, 3 (2021): Vol. 17 , No.55, Part 3
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Articles

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