Suchergebnisse

Incorporating circular economy principles into forward-thinking public procurement strategies enhances sustainability through the promotion of resource efficiency, sustainable sourcing, and extended producer responsibility. This approach not only encourages innovation and collaboration among suppliers but also drives the development of solutions aligned with circular economy goals. The ultimate result is a more cost-effective and environmentally friendly outcome in procurement. This article seeks to investigate the intersection of circular economy principles within the framework of an innovative public procurement system. The study explores the influence of globalization on this innovative public procurement paradigm, addressing both the challenges and opportunities inherent in the process. The study conceptualizes Innovative Public Procurement (IPP) as a strategic approach where public entities acquire goods, services, works, and utilities, emphasizing an optimal balance between price and quality. The central goal is to generate innovative benefits for both entities and society, all while minimizing adverse environmental effects. Employing traditional research methods, including the monographic method, document analysis, and comparison, the study illustrates how public procurement practices can be opened to innovators, including start-ups and innovative SMEs. The findings shed light on the challenges faced by these entities in navigating the procurement landscape, while emphasizing the potential opportunities arising from the synergy between innovative procurement practices and the circular economy. By adopting a holistic perspective that considers the full lifecycle costs and environmental impacts of goods and services, procurement decisions can prioritize options offering superior long-term value. This contributes to the broader transition towards a circular economy, effectively minimizing adverse effects on the environment...

This aim of this work is to study the relationship between foreign direct investment (FDI) and trade. FDI is a driving force for economic growth for host countries. The positive effects of FDI are seen in many aspects of the economy. However, the implications of FDI on foreign trade are questionable. Therefore, this study uses a Granger causality technique to test whether the relationship between FDI and foreign trade is complementary or substitutive. The findings of this study indicate that this relationship appears to be complementary, and FDI investment does cause an increase in trade flow in the countries that are taken into consideration. This research aims to make a comparison between the relations of FDI flows of three groups of countries from the European Union (EU)-Romania and Bulgaria, the Visegrád Group and the Euro area-for the period of 2005 to 2019. However, the results indicate that this link between the variables is not yet found for the three group of countries, and further research is required in this aspect. This leads to the conclusion that the FDI impact on foreign trade of the host country depends on the type of investment and absorptive capacity of the receiver, the economic development of host and home countries, and not every type of FDI leads to more trade.

Climate change has brought to the attention of politicians, researchers, and other stakeholders the need to protect the environment. The concerns at the international level are more and more intense, and the solutions found are multiple. One of the directions to follow is a new energy transition, which involves the use of renewable energy, but also techniques of cogeneration and trigeneration. This study presents the main research on increasing energy efficiency in the use of a primary energy source and the impact on the environment. Compared to the classical methods of obtaining heat and electricity from burning fossil fuels through separate technologies, the study brings to the fore two methods (cogeneration and trigeneration) that have much higher yields by obtaining two or even three forms of energy from the use of a single source of combustion. The impact on the environment is also significantly reduced by eliminating additional sources of pollution (reducing greenhouse gas emissions). Taking into account the evolutions of the energy market during this period, this article aims to analyze, from the point of view of the two most important influencing factors, the economic efficiency of processes and the reduction of greenhouse gas emissions by overlapping their effect, in case of the use of modern technologies (cogeneration and trigeneration), for the combined production of various forms of energy.