Revista OEconomica

Tudor Constantin BĂLAN - Cycles of Freedom: Are Our Rights Today Permanently Secured, or Are We in a Transitional Phase? The Cases of Great Britain, the United States, and Russia

Marius-Cristian PANĂ, Adela BĂLAN - Economic Freedom and Prosperity: A Comparative Analysis of Welfare Determinants at the International Level

Ana Octavia ALBU - When Accurate Forecasts Still Produce Waste: Demand Shocks and Over-Forecasting Risk in Food Retail

Adrian-Ioan DAMOC - The Persian Pivot and the Reconfiguration of Geopolitical Realism: Iran and Venezuela in Strategic Competition among the United States, China, and Russia

Emmanuel Olusegun STOBER - Coercive Diplomacy in the Gulf and the Limits of the Strike-Forward Strategy: Toward a Middle-Power Coalition for Regional Stability

Sorin-Nicolae CURCĂ - On the Informational Entropy of Economic Shock

Florin DĂNESCU - The Banking Sector as Critical Infrastructure in the Logic of Hybrid Conflict: Post-2014 Legislative Convergence in Central and Eastern Europe and the Case of Romania

Alexandru POPOVICI - The Contribution of the Music Industry to GDP and Employment: A Comparative Analysis

Mohammed AL-NASSERY - Implications of the War in the Middle East: An Analysis of the Economic, Security, Humanitarian, and Political Dimensions

Mihai LĂCĂTUŞ - GDP as a Means, Not an End: Inequality as the Missing Variable in Fiscal Policy Design – A 60-Country Analysis of Economic Growth and Subjective Well-Being

Articles on Issue Theme

Cosmin VIZINIUC

Academia de Studii Economice din Bucureşti

The present paper build upon the EU’s objective of climatic neutrality that must be reached by 2050. It involves the reduction of emissions and greater carbon absorption. In this paper, we analyse the connection within the Climatic Pact – Green Deal – Sustainable Economy triad. We then argue about decoupling economic growth from the use of resources and passing to circular systems with regards to production and consumption which are essential for achieving climatic neutrality. The European Union has adopted a strategy in which the recovery from the pandemic crisis is to be used as a lever to create a European industry that is more dynamic, resilient and competitive. It is shown that the foundation of a post-crisis recovery is to be laid upon principles such as sustainability, integration of the single market, competitiveness, cohesion, inclusion, solidarity, circularity, environmental protection and respect for social standards. Lastly, we analyse the new action plan for circular economy and its role in ensuring a green recovery following the Covid-19 pandemic.

ŒCONOMICA no. 4/2021

Keywords: green economy, climatic economy, responsible consumption, circularity, sustainable products, innovation, clean Europe

JEL: Q01, Q50, Q51, Q54

Circularity – an Essential Component in the Transition Towards Climatic Neutrality [Circularitatea – componentă esenţială în tranziţia spre o neutralitate climatică]

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