Implementation of the principles of the circular (closed-loop) economy in the fisheries industry of the Russian Federation as a necessary component for achieving national goals

Author:

Avdonina A. M.1,Nikiforov A. I.2,Zadvorkin A. S.2,Fomina S. Yu.2

Affiliation:

1. Russian Presidential Academy of National Economy and Public Administration («RANEPA»)

2. Russian Federal Research Institute of Fisheries and Oceanography («VNIRO»)

Abstract

The purpose of the work is to analyze the possibilities of implementing the principles of closed-loop economics in the fisheries industry of the Russian Federation, including for achieving national goals.Methods: A SWOT analysis was carried out to assess the waste management situation in the specified industry and to identify the prerequisites for the introduction of the principles of the closed-cycle economy. Monographic, comparative and descriptive methods are used for analyzing of information sources.Novelty: the identification of opportunities and threats for the formation of closed cycles of circulation of raw materials and waste in fisheries systems are the novelty elements of the presented research.Results: the necessity of transition from a linear economy to a closed-loop economy in the analyzed industry  in the light of achieving the national goals of the Russian Federation is revealed, the necessary steps for this are shown. The conclusion is made about the significance of such a transition for the Russian Federation.The results of the study are of practical significance both for biologists, managers, economists, and for the business community.

Publisher

Russian Federal Research Institute of Fisheries and Oceanography

Subject

General Medicine

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