Dobos, Imre and Szalay, Zsuzsanna (2011) The Closed Loop Model by Regional Economics or How Big is the Ants’ Footprint? In: Third Annual Conference on Globalization, Sustainability and Development, May 4 - 7. 2011., Gödöllő / Budapest, Hungary.
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The participation in the conference is supported by TÁMOP-4.2.1/B-09/1/KMR-2010-005
Abstract
The economy is communication between Man and Nature. It is an interaction-network between our outside and inside Nature, that is, the external Nature surrounding us and the internal nature expressing our human essence. Money is an institution of the society, an infrastructure that ensures division of labour, enables the flow of information and material between the participants. The concept of regional material and financial circular flow will be more important with the oncoming peak-oil and post-carbon era. We should describe in time the outlines of closed or semi-closed loops economy. The fundamentals of Input-Output will flourish once again; it could help us formulate the link between the efficiency and resiliency of a regional complex system.
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Uncontrolled Keywords: | closed loop economy, sustainability, input-output model |
| Divisions: | Faculty of Business Administration > Institute of Business Economics > Department of Business Studies Faculty of Business Administration > Institute of Business Economics > Department of Logistics and Supply Chain Management |
| Subjects: | Environmental economics Logistics, production management |
| ID Code: | 442 |
| Deposited By: | Ádám Hoffmann |
| Deposited On: | 20 Sep 2011 15:30 |
| Last Modified: | 18 Oct 2021 08:54 |
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