in: Handbook of Research on Creating Sustainable Value in the Global Economy, Ulas Akkucuk, Editor, IGI Global, Pennsylvania, pp.241-257, 2019
Circular economics (CE) is increasingly discussed among researchers, practitioners, and politicians.
The discussions between the parties and the confusion about the concept cause the issue to remain on
the agenda. According to the general view, CE is the slowing, shrinking, and closing of the welding flow
to increase the welding efficiency. However, little attention has been devoted to measuring the CE level
of a given economic system. The aim of this chapter is to demonstrate the emergence and development
process of CE, and also to show how the CE level of any economic system can be measured. In this
context, it is important for developing countries to interest with the issue but not in practice. To put this
into perspective, the study examined Turkey’s economic system. Turkey’s economic, environmental, and
social indicators examined were found to have a remote structure of the CE principle. It is expected that
the results of the study will lead to a positive social change and become a framework for increasing the
contribution of developing economies to the sustainable world.