Analysis of Global Trends on Resource Productivity and Its Promotion Strategy

Abstract

Management of resource productivity is important for the reduction of natural resources and energy consumption. This is closely linked to circular economy which has recently been stressed worldwidely. Resource productivity is a key indicator which is to be managed in various industry sectors. Especially Korea which is heavily dependent on the natural resources import from overseas needs to give attention to this point. Nevertheless resource productivity related domestic researches and policies are extremely rare. This paper thus presents trends on resources productivities and their management policies of European countries and OECD G7 countries compared to the situation of Korea. In addition, the decoupling phenomenon of DMC (domestic material consumption) and GDP of Europe is analyzed and the resource productivity promotion strategy of Korea is proposed.