Circular economy in conditions of localized production

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Abstract

The purpose of writing a research paper is to analyze the current state of the circulating economy of Russia and determine the potential for its development in modern conditions of localization of production. As a result of the research, the problem of implementing the concept of a circular economy in the context of the need to localize the production of critical products is considered. It is determined that a careful attitude focused on a closed cycle of using such resources is currently particularly important for the Russian economy. The potential of production localization processes is characterized. The role of the digital economy and ecosystems based on industrial symbiosis in the implementation of the circular economy in localized production is established.

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About the authors

Lyudmila A. Kostygova

Financial University under the Government of the Russian Federation

Author for correspondence.
Email: kostmisis@yandex.ru
ORCID iD: 0000-0001-7303-8075
Scopus Author ID: 57191842684
ResearcherId: AAH-9427-2020

Dr. Sci. (Econ.), Associate Professor, Professor of Department of Corporate Finance and Corporate Governance

Russian Federation, Moscow

References

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Supplementary files

Supplementary Files
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2. Fig. 1. Characteristics of the genesis of digital production.

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3. Fig. 2. The use of industrial symbiosis in foreign practice.

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