Abstract
Circular economy is a considerably new concept, that has appeared on the economic horizon during
the last decade and it seems that it will revolutionary change the existing business as usual model.
Although, if analysing the key concepts of circular economy one can come to a conclusion that there
is nothing radically new about it. The finite amount of resources among with scarcity and progressing
increase of global population have lead to comprehension that material and product re-use, repair
and resource saving need to be enhanced in a urgent pace.
One industry extensively covered by circular economy elements is waste management. Across
Europe it varies significantly, from countries focusing on recycling and recovery, disposing already
below 5% of household waste to the countries, which are still lagging behind and just introducing
best available Technologies and currently still relying heavily on disposal (over 40%). Within the
present research the authors would like to analyse the benefits and drawbacks of one of solutions –
implementing lng-term monopoly via Public-Private partnership. The research is based on statistical
data analysis, benchmarking and expert methods, it uses mostly secondary data.
The authors have concluded that unfortunately no one-size-fits-all solution is possible in this field,
although decision-makers can evaluate best practices and develop a solution that can be applicable
to a certain city or region, taking into consideration it’s specifics.
the last decade and it seems that it will revolutionary change the existing business as usual model.
Although, if analysing the key concepts of circular economy one can come to a conclusion that there
is nothing radically new about it. The finite amount of resources among with scarcity and progressing
increase of global population have lead to comprehension that material and product re-use, repair
and resource saving need to be enhanced in a urgent pace.
One industry extensively covered by circular economy elements is waste management. Across
Europe it varies significantly, from countries focusing on recycling and recovery, disposing already
below 5% of household waste to the countries, which are still lagging behind and just introducing
best available Technologies and currently still relying heavily on disposal (over 40%). Within the
present research the authors would like to analyse the benefits and drawbacks of one of solutions –
implementing lng-term monopoly via Public-Private partnership. The research is based on statistical
data analysis, benchmarking and expert methods, it uses mostly secondary data.
The authors have concluded that unfortunately no one-size-fits-all solution is possible in this field,
although decision-makers can evaluate best practices and develop a solution that can be applicable
to a certain city or region, taking into consideration it’s specifics.
| Original language | English |
|---|---|
| Title of host publication | Proceedings of the 12th Economics & Finance Conference |
| Place of Publication | Prague |
| Publisher | International Institute of Social and Economic Sciences |
| Pages | 9-20 |
| ISBN (Print) | 978-80-87927-80-9 |
| Publication status | Published - 2019 |
| Externally published | Yes |
Keywords*
- circular economy
- public-private partnership
- waste management
Field of Science*
- 5.2 Economy and Business
Publication Type*
- 3.2. Articles or chapters in other proceedings other than those included in 3.1., with an ISBN or ISSN code
