Strategic Issues of Circular Economy Business-Models Development

Omelyanenko, Olena

doi:10.32702/2306-6806.2022.1.79

Ekonomika Ta Derzhava

2022

DOI: 10.32702/2306-6806.2022.1.79

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Strategic Issues of Circular Economy Business-Models Development

Olena Omelyanenko¹

Abstract: ПОСТАНОВКА ПРОБЛЕМИУ зв'язку зі зменшенням рівня конкурентоспромож ності вітчизняної економіки, зокрема через нестачу ре сурсів, стає актуальним питання їх ефективного вико ристання. Тому стає важливим застосування циркуляр ної (замкнутої) економіки, що замінила класичну лінійну УДК 33.332.338

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Factors influencing the ranking of maritime transport in the Global Competitiveness Report: The developing country case

Abdullayev¹

2022

CBSR

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The main purpose of this study is to increase the ranking of maritime transport of the Republic of Azerbaijan in the Global Competitiveness Report and to study the relationship between the main indicators of maritime transport. A review of the conceptual framework shows that many studies assess the potential level of maritime transport in different ways based on different factors (Abdullayev, 2022). The methodology of econometric and correlation analysis of economic indicators on maritime transport is taken as the research methodology. The proposed methodological approaches have calculated several factors affecting the development of maritime transport. Statistical data on the development indicators of the maritime transport sector for 2016–2020 were obtained from the National Bureau of Statistics. The EViews software package was used in the research using the least squares method (LSM). The results of the rating showed that there are some problems in the development of maritime transport in the Republic of Azerbaijan. The results of the correlation analysis revealed a link between maritime transportation incomes and transportation expenditures as well as investment and transportation expenditures. Recommendations to improve the international rating of maritime transport of the Republic of Azerbaijan and regulate its activities were given.

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Factors influencing the ranking of maritime transport in the Global Competitiveness Report: The developing country case

Abdullayev¹

2022

CBSR

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Circular economy model: generating benefits for sustainable development

Mandych¹,

Babko²,

Пасемко³

et al. 2023

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The article is devoted to the definition and analysis of the circular economy as the basis for sustainable development of the country. The author identifies the main differences between the circular economy model and the traditional model, characterised by close interconnection and interdependence of all industries, production links and trade and consumer relations, which ensures maximum benefit from available resources. The principles of the circular economy are considered and the main advantages and disadvantages of the circular economy model are revealed. The economic advantages of the closed-loop economy include the formation of a sustainable demand for secondary material resources (and, as a result, a reduction in demand for primary resources in the long term); creation of economic incentives for further investment in the use of secondary raw materials due to the exhaustion of primary material resources; reduction of costs for the maintenance of waste storage areas; and reduction of environmental taxes. The environmental benefits of the circular economy are represented by reduced carbon dioxide emissions; reduced landfill and waste storage areas; reduced consumption of scarce and limited resources, etc. Social benefits are due to an increase in the level of social responsibility for the careful use of material resources; ensuring an environmentally friendly attitude to used goods; an increase in the number of jobs for secondary material resource technologists, etc. Examples of the implementation of the basic principles of the circular economy are given, and thanks to the involvement of new business models, technological enterprises have become able to comply with the principles of the closed-loop economy. The national peculiarities of Ukraine's transition to the circular economy model are analysed.

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Strategic Issues of Circular Economy Business-Models Development

Cited by 2 publications

References 0 publications

Factors influencing the ranking of maritime transport in the Global Competitiveness Report: The developing country case

Factors influencing the ranking of maritime transport in the Global Competitiveness Report: The developing country case

Circular economy model: generating benefits for sustainable development

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