Drakulevski, Ljubomir and Boskov, Tatjana (2019) Circular Economy: Potential and Challenges. IJIBM International Journal of Information, Business and Management, 11 (2). pp. 45-52. ISSN 2076-9202 (Print)/2218-046X (Online)
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Abstract
This paper argues that increasing resource efficiency through growth in circular economy can help
address structural mismatch in European labour markets. A circular economy creates economic value
with more labour and fewer resources, therefore growth in circular economy can potentially deliver
economic benefits such as employment creation and lower structural unemployment by offering a
good geographical spread of job opportunities. Higher unemployment regions can benefit from
remanufacturing employment at or near to existing manufacturing industry. Growth in recycling,
re-use, repair activities (and remanufacturing) also offer the potential to create jobs suitable for
employees displaced from traditional manufacturing. Through expanding circular economy
activity there’s a reasonable potential to reduce regional and/or occupational mismatch and a strong
chance that net jobs can be created with sustained reductions in unemployment.
| Item Type: | Article |
|---|---|
| Subjects: | Social Sciences > Economics and business |
| Divisions: | Faculty of Tourism and Business Logistics |
| Depositing User: | Tatjana Boskov |
| Date Deposited: | 04 Mar 2019 09:43 |
| Last Modified: | 04 Mar 2019 09:43 |
| URI: | https://eprints.ugd.edu.mk/id/eprint/21721 |
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