The Circular Economy: Swings and Roundabouts?
By Neal Millar, Eoin Mclaughlin, Tobias Börger. Ecological Economics, 2019
345 citations recorded by the source corpus.
In the last few decades the Circular Economy has increasingly been advertised as an economic model that can replace the current “linear” economy whilst addressing the issues of environmental deterioration, social equity and long-term economic growth with the explicit suggestion that it can serve as a tool for Sustainable Development. However, despite the individual prominence of the Circular Economy and Sustainable Development in the academic and wider literature, the exact relationship between the two concepts has neither been thoroughly defined nor explored. The consequent result is various inconsistencies occurring across the literature regarding how the Circular Economy can serve as a tool for Sustainable Development and an incomplete understanding of how its long-term effects differ from those of the “linear” economy. A literature review was conducted to interpret the current conceptual relationship between the Circular Economy and Sustainable Development. The review highlights numerous challenges concerning conceptual definition, economic growth and implementation that inhibit the use of the Circular Economy as a tool for Sustainable Development in its current form. The review concludes by providing suggestions for how research concerning the Circular Economy should proceed if it is to provide a potential approach for achieving Sustainable Development.
Subfields: Management, Monitoring, Policy and Law, Marketing, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/3ff8ca69b3e64d41ea5486c9d83161a4253a24fa
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In Strategy and Management
Citations in the corpus
- Prioritization of sustainability indicators for promoting the circular economy: The case of developing countries (2019, background): “[19] Examined the conceptual relationship between CE and”
- A Critical Review of Academic Approaches, Methods and Tools to Assess Circular Economy at the Micro Level (2020, background): “Reference [21] challenges the proposition that implementing CE is facilitating a move towards SD, while [22] critically evaluates some epistemological problems of both concepts.”
- Critiques of the circular economy (2021, neutral): “, 2017), the questionable conceptual relationship between the two ideas has yet to be thoroughly characterized (Millar et al., 2019).”