Closed-loop economy as a mechanism for managing an economic system

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Authors: Arthur S. Budagov, Mikhail A. Rudakov
Cited by: 0

Abstract

The article examines the management of the development of the model of the economic system of the state, taking into account the identification of underestimation of the demand for the use of any type of resource, both a repeated and permanent element of the production process. As a solution to the problem related to the resource availability of business entities, a closed-loop economy model is described as a mechanism aimed at using a secondary type of resource to maximize efficiency. The scientific novelty consists in conducting an express assessment of the industrial development of the subjects of the regional economic systems of the Russian Federation to identify the potential for the introduction of a closed-loop economy. The practical significance of the work consists in defining the subject area of the closed-loop economy as a way to change the economic model based on the substantive work of various researchers.

Fields of Study & Subjects

Sustainable Supply Chain Management Economic and Business Development Strategies Sustainable Development and Environmental Management

Publication details

Journal / source
ACCOUNTING AND CONTROL
Volume
2
Pages
112–120
Publication date
1 January 2026
Language
EN