Economics of Recycling and Recovery

Abstract

In the below-given paper, a holistic, multidisciplinary approach of goods consumption, the economics of recycling and recovery is unfolding, concisely structured, until 2013. The analysis was focused, in brief, on some economic models addressed to environmental issues, tax policies, welfare, waste management, and specifically on recycling and reuse economic modelling. Recycle is an established practice in many countries, while reuse is still under development. Reuse in many aspects is a more desirable option, as far as waste management concerns, and EU legislation seems to encourage this practice. Many industries, especially in the technology section, have developed recycle and reuse programs in order to gain an advantage, while some of them have set a target of zero waste in their production process.