Circular economy: An inevitable trend of sustainable development
Published: July 29, 2026
Abstract
In recent decades, the world has faced numerous challenges, including resource depletion,
escalating waste levels, climate change, population growth, pandemics, and various socio-
economic issues. These pressures have compelled governments and businesses to adopt urgent
measures to transition toward sustainable development. The concept of the circular economy has
emerged as a pivotal strategy, widely implemented in developed countries and increasingly
recognized as a global necessity. This article examines the circular economy’s application
worldwide, highlighting its positive impacts and exploring successful models that address
business challenges and enhance social security operations in various countries.
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