ARCHIVES
VOL. 5, ISSUE 4 (2023)
Circular economy model for developing countries: Evidence from Bangladesh
Authors
Rafiqul Islam, Sadia Afrin, Minhajul Rabbi, Nahida Islam, Sohel Rana
Abstract
From environmental and sustainable development perspective, circular
economy model is rarely applied in developing countries compared to developed
nations. The aim of this paper is to review the overall scenario of the
circular economy (CE) model in Bangladesh toward sustainable development. The
study relies on the descriptive analysis of both qualitative and quantitative
data, collected mostly from secondary sources with some in-depth interviews of
the experts in the relevant field. The overall environmental status of
Bangladesh, prospects, practices, and challenges of the circular economy model
were thoroughly discussed in this paper. Though there are prospects to
switching towards CE, the study reveals that the CE model's applicability is
very limited in Bangladesh, being exercised mostly through recycling processes
in some industries.
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Pages:17-20
How to cite this article:
Rafiqul Islam, Sadia Afrin, Minhajul Rabbi, Nahida Islam, Sohel Rana "Circular economy model for developing countries: Evidence from Bangladesh". International Journal of Finance and Commerce, Vol 5, Issue 4, 2023, Pages 17-20
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