Title
Development of environmental pillar in the context of circular economy assessment: Baltic Sea Region case
Abstract
Circular Economy (CE) is an economic approach which aims to save the environment by eliminating waste and efficiently using resources by applying recycle, reuse, repair, remanufacturing and recycling strategies. The purpose of the article is to propose a concept of measurement the development of Environmental pillar in the context of Circular Economy, apply and provide empirical evidence based on the data of Baltic Sea Region countries. The research augmented for the analysis of Circular Economy which includes assessment model creation. The multi-criteria decision methods MULTIMOORA and TOPSIS were used to assess the development of Environmental pillar of Circular Economy in Baltic Sea Region. Results are useful to add to theoretical building and evaluate the Environmental aspect in the concept of Circular Economy.
Keywords
circular economy, circular economy indicators, environmental indicators, circular economy strategies, MULTIMOORA, TOPSIS
JEL classifications
D70 , O11 , O44 , O52
URI
http://jssidoi.org/jesi/article/681
DOI
Pages
1209-1223
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