Analysis of the circular economy of Serbia based on the Cobra method
Keywords:
performance, circular economy, Serbia, COBRA method
Abstract
Recently, the problem of the circular economy has been very topical. In the literature, it is investigated from different angles. This study analyzes the problem of the circular economy in Serbia based on the COBRA method. The results of the COBRA method show that the best performance of the circular economy in Serbia was in 2021. The worst was in 2016. Recently, generally speaking, the performance of the circular economy in Serbia has been improving. To improve the performance of the circular economy in Serbia, it is necessary to have a continuous, adequate action plan to manage the recycling of municipal waste, production of municipal waste, dependence on the import of materials, resource productivity, and energy from renewable sources as efficiently as possible. Likewise, other relevant factors. There is no doubt that the increasing application of the circular economy principle contributes significantly to the preservation of the environment in Serbia.
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References
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buildings13081990
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construction industry: A case study of Serbia, SCIENCE International Journal, 2(3), 15-21. doi:
10.35120/sciencej0203015s UDK: 338.121:658.567]:69(497.11)
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measuring capacity for circularity in agriculture and rural areas. Energ Sustain Soc, 13, 34.
https://doi.org/10.1186/s13705-023-00413-4
through futures of circularity. Journal of Cleaner Production, 385, 135723.
https://doi.org/10.1016/j.jclepro.2022.135723.
2 Abramović, F., Popović, M.P., Simić, V., Matović, V., & Šerović, R. (2024). Characterization and
Environmental Evaluation of Recycled Aggregates from Construction and Demolition Waste in Belgrade
City Area (Serbia). Materials, 17, 820. https://doi.org/10.3390/ma17040820
3 Alivojvodic, V., & Kokalj, F. (2024). Drivers and Barriers for the Adoption of Circular Economy Principles
towards Efficient Resource Utilisation. Sustainability, 16, 1317. https://doi.org/10.3390/su16031317
4 Amicarelli, V., Bux, C., & Fiore, M. (2024). Guest editorial: Circular economy in the agri-food, tourism, and
hospitality industries in the post-pandemic era. British Food Journal, 126(1), 1-
12. https://doi.org/10.1108/BFJ-01-2024-369
5 Bjelić, D., Markić, D.N., Prokić, D. et al. (2024). “Waste to energy” as a driver towards a sustainable and
circular energy future for the Balkan countries. Energ Sustain Soc 14. https://doi.org/10.1186/s13705-023-
00435-y
6 Kosanović, S., Miletić, M., & Marković, L.(2021). Energy Refurbishment of Family Houses in Serbia in
Line with the Principles of Circular Economy. Sustainability, 13, 5463. https://doi.org/10.3390/su13105463
7 Krstic, M., Agnusdei, G.P., Miglietta, P.P., Tadic, S., Roso, V. (2022). Applicability of Industry 4.0
Technologies in the Reverse Logistics: A Circular Economy Approach Based on COmprehensive Distance
RAnking (COBRA) Method. Sustainability, 14, 5632. https:// doi.org/10.3390/su14095632
8 Friant, M.C., Vermeulen, W.J.V., & Salomone, R. (2021). Analysing European Union circular economy
policies: words versus actions. Sustainable Production and Consumption, 27, 337-353.
https://doi.org/10.1016/j.spc.2020.11.001.
9 Ilić, M., & Nikolić, M. (2016). Drivers for development of circular economy – A case study of Serbia. Habitat
International, 56, 191-200. https://doi.org/10.1016/j.habitatint.2016.06.003.
10 Krstić, M., Elia, V., Agnusdei, G.P., De Leo, F., Tadić, S., & Miglietta, P.P. (2024). Evaluation of the agrifood supply chain risks: the circular economy context. British Food Journal, 126(1), 113-
133. https://doi.org/10.1108/BFJ-12-2022-1116
11 Mazur-Wierzbicka, E.(2021). Circular economy: advancement of European Union countries. Environ Sci
Eur, 33, 111. https://doi.org/10.1186/s12302-021-00549-0
12 Marković, M., Popović, Z., & Marjanović, I. (2023).Towards a circular economy: evaluation of waste
management performance in European Union countries. Serbian journal of management 18 (1), 45 – 57.
Doi: 0.5937/sjm18-40073
20
13 Mihajlov, A., Mladenovic, A., & Jovanovic, F. (2021). Country in transition (Serbia) case: Circular
economy starts from waste management. Environmental Research and Technology, 4(1), 83-88.
https://doi.org/10.35208/ert.853792
14 Oğuz, A., & Satır, H. (2024). Analyzing profitability performance with the integrated MEREC-COBRA
method: The case of BIST retail companies. Business and Economics Research Journal, 15(1), 33-50.
http://dx.doi.org/10.20409/berj.2024.433
15 Popović, G., Pucar, Đ., & Smarandache, F. (2022). MEREC-COBRA approach in e-commerce
development strategy selection. Journal of Process Management and New Technologies, 10(3-4), 66-74.
https://doi.org/10.5937/jouproman2203066p
16 Radovanov, B., Horvat, A.M., Stojić, D., Sedlak, O., & Dušan Bobera, D. (2023). Assessing circular
economy performance of European countries and Serbia using data envelopment analysis. The European
Journal of Applied Economics - EJAE, 20(2), 1 – 11. DOI: 10.5937/EJAE20-44067
17 Saaty, T. L. (2008). Decision Making With The Analytic Hierarchy Process. Int J Serv Sci, 1(1), 83-98.
https://doi.org/10.1504/IJSSCI.2008.017590
18 Stoiljkovic, B., Petkovic, N., Krstic, H., & Petrovic, V. (2023). Application of Circular Economy Principles
to Architectural Design: A Case Study of Serbia. Buildings, 13, 1990. https://doi.org/10.3390/
buildings13081990
19 Stošić, I., & Šmelcerović, M. (2023). The path towards the circular economy and sustainability in the
construction industry: A case study of Serbia, SCIENCE International Journal, 2(3), 15-21. doi:
10.35120/sciencej0203015s UDK: 338.121:658.567]:69(497.11)
20 The Word Bank - Squaring the Circle: Policies From Europe’s Circular Economy Transition, 2022.
21 Vukelić, I., Milošević, S., Đurđević, D. et al. (2023). Sustainable transition of the Republic of Serbia:
measuring capacity for circularity in agriculture and rural areas. Energ Sustain Soc, 13, 34.
https://doi.org/10.1186/s13705-023-00413-4
Published
2024-05-23
Section
Economics (Microeconomics, Macroeconomics, International Economics)
