DEVELOPMENT OF LOCALIZED PRODUCTION AND PROCESSING SYSTEMS AS A FOUNDATION FOR BUILDING A CIRCULAR ECONOMY IN RESOURCE-DEPENDENT REGIONS
<p>The article explores the potential for developing localized production and processing systems in resource-dependent regions as a foundation for building a circular economy. It analyzes the economic, infrastructural, and institutional prerequisites for their effective functioning, as well as their role in reducing import dependence, enhancing on-site raw material processing, and establishing stable regional economic models. The significance of such systems is emphasized in terms of increasing economic self-sufficiency, resilience to external shocks, and employment diversification. The paper also examines case examples of implementing localized production and processing systems in regions characterized by a high share of extractive industries and structural constraints. The conclusion underscores the need for an integrated approach to the development of such models as a tool for territorial transformation.</p><p> </p><p><strong>JEL:</strong> Q57, R11, O18, O25.</p><p> </p><p><strong> Article visualizations:</strong></p><p><img src="/-counters-/soc/0905/a.php" alt="Hit counter" /></p>
Authors
- Abdullina Leila
Institutions
- Peoples' Friendship University of Russia (RU)
Publication Details
- Journal
- European Journal of Economic and Financial Research
- Published
- 2025-08-29
- DOI
- https://doi.org/10.46827/ejefr.v9i4.2024
- Primary Topic
- Engineering and Environmental Studies
- Type
- article
- Field-Weighted Citation Impact
- 0.00