Reconsidering “circular economy” in terms of irreversible evolution of economic activity and interplay between technosphere and biosphere

Kozo Mayumi, Mario Giampietro

Research output: Contribution to journalArticleResearch

1 Citation (Scopus)

Abstract

© 2019, Institute for Economic Forecasting. All rights reserved. The notion of circular economy has attracted increased attention in recent years. A set of common denominators of circular economy is identified. Then, four questions are raised to show that the ideas of a circular economy cannot be untenable: (i) is there any fundamental difference between the framework of circular economy and the neoclassical standard economics?; (ii) the efficiency improvement of energy and material use is achievable within the framework of circular economy proposal?; (iii) can the harmonious interplay between Technosphere and Biosphere be maintained?; and (iv) is there any serious consideration of “water fund” management within the framework of circular economy?.
Original languageEnglish
Pages (from-to)196-206
JournalRomanian Journal of Economic Forecasting
Volume22
Publication statusPublished - 1 Jan 2019

Keywords

  • Biosphere
  • Circular economy
  • Jevons paradox
  • Technosphere
  • Water fund

Fingerprint Dive into the research topics of 'Reconsidering “circular economy” in terms of irreversible evolution of economic activity and interplay between technosphere and biosphere'. Together they form a unique fingerprint.

  • Cite this