Շրջանաձև տնտեսության զարգացման համաշխարհային փորձը և Հայաստանում ներդրման նախադրյալները / Global Experience of Circular Economy Development and Prerequisites of Investment in Armenia

Abstract

In the Republic of Armenia, production based on the principle of circular economy (CC) or closed-loop economy is not widely used. Meanwhile, especially in the last decade, the principles of the circular economy are widely applied in several countries of the world and practical steps are being taken towards the transition from a linear economy to a closed-loop economy. The scientific community together with the progressive representatives of the business sphere claim that the future is with the development of the circular economy. It is quite convincing, because the circular economy's resource-efficient approaches, environmental and social advantages are fully in line with the UN Sustainable Development Challenges and the requirements of a smart economy. As a starting point, we prefer to study the international experience of the circular economy, legal and economic regulation structures and legislative foundations by comparing them with the Armenian reality, so as to identify the existing prerequisites and the problems that require solutions.