WHAT IS THE PROGRESS OF EU CIRCULAR ECONOMIES?

Nela Steliac, Dumitru Steliac

Abstract


Circular economy is becoming an increasing concern for specialists due to the benefits it can have upon the environment and people. Although there are no well-defined indicators according to which the progress of a circular economy can be quantified, there is more and more concern in the specialised literature. This paper attempts to measure such progress within the EU member states via an aggregate indicator based on the indicators ones issued by the Eurostat in the EC monitoring framework. The indicator has been determined in two variants: one where the states missing some statistical data have been removed and another where the zero value has been attributed to all circumstances of unavailable data. The different determination methods have revealed different values of the circular economy aggregate indicator as well as different approaches of the states.


Keywords


circular economy, circular economy aggregate indicator, linear economy, progress, ranking

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