Circular economy as assistance for sustainable development in OECD countries

Abstract

Research background: Circular economy is of great importance, as it plays a vital role in ensuring the reuse of waste created and, therefore, reduces the waste of limited resources, which is the primary goal of the general economic concept. In line with the circular economy, sustainable development gains great attention, as the United Nations announced the sustainable development goals that should be reached by 2030. Hence, the current paper aims at examining whether the circular economy could be treated as an effective assistance tool for sustainable development of OECD countries. Purpose of the article: The paper aims to investigate whether the circular economy could serve as an assistance tool for sustainable development and, therefore, seeks to determine if the circular economy could directly impact a country’s sustainable development. Methods: First, the countries chosen were prioritised using the Analytic Hierarchy Process (AHP) and the Evaluation Based on Distance from Average Solution (EDAS) methodologies. Oeconomia Copernicana, 12(1), 11–34