The influence of economic development on circular economy implementation in Balkan countries

This research investigates the influence of economic development on the implementation of circular economy (CE) practices in Balkan countries from 2013 to 2022. By analyzing key economic indicators such as GDP per capita, Gross Fixed Capital Formation (GFCF), employment, and Human Development Index (HDI), the authors examine their impact on resource productivity, waste generation, and material import dependency. Results reveal that while economic growth reduces material import dependency, it can negatively affect resource productivity, suggesting that without targeted CE policies, higher consumption may undermine resource efficiency. Additionally, employment and HDI did not have a significant impact on the reduction waste generation. These findings underscore the need for targeted investments, improved urban waste management, and sustainability education to align economic development with CE goals. The study highlights the importance of integrating circular economy strategies into the broader development agenda to ensure sustainable growth in the region.

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Publication Details

Journal
Trendovi u poslovanju
Published
2025-01-01
DOI
https://doi.org/10.5937/trendpos2501011a
Citations
1
Primary Topic
Sustainable Supply Chain Management
Type
article
Field-Weighted Citation Impact
2.23

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article

The influence of economic development on circular economy implementation in Balkan countries

Andrija Popović, Miljana Barjaktarević, Vladan Vučić, Andreja Todorović
1 citations
Trendovi u poslovanju
Sustainable Supply Chain Management
2.23
article

The influence of economic development on circular economy implementation in Balkan countries

Andrija Popović, Miljana Barjaktarević, Vladan Vučić, Andreja Todorović
article en
1 citations

Abstract

This research investigates the influence of economic development on the implementation of circular economy (CE) practices in Balkan countries from 2013 to 2022. By analyzing key economic indicators such as GDP per capita, Gross Fixed Capital Formation (GFCF), employment, and Human Development Index (HDI), the authors examine their impact on resource productivity, waste generation, and material import dependency. Results reveal that while economic growth reduces material import dependency, it can negatively affect resource productivity, suggesting that without targeted CE policies, higher consumption may undermine resource efficiency. Additionally, employment and HDI did not have a significant impact on the reduction waste generation. These findings underscore the need for targeted investments, improved urban waste management, and sustainability education to align economic development with CE goals. The study highlights the importance of integrating circular economy strategies into the broader development agenda to ensure sustainable growth in the region.

Trendovi u poslovanjuVol. 13(1)
University of Nis (RS), Nissatech Innovation Centre (Serbia) (RS)
Ministarstvo Prosvete, Nauke i Tehnološkog Razvoja
Openalex Percentile: Top 10%
Sustainable Supply Chain Management
2.23
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The influence of economic development on circular economy implementation in Balkan countries — Andrija Popović, Miljana Barjaktarević, et al. · Trendovi u poslovanju (2025) | TGRS Research Map | TGRS