INTEGRATION OF CIRCULAR ECONOMY AND RESILIENCE PRINCIPLES INTO STATE ANTI-CRISIS POLICY AND CORPORATE STRATEGIES
DOI:
https://doi.org/10.17721/1728-2667.2026/228-1/8Keywords:
circular economy, economic security, resilience, regulatory framework, post-war recovery, social responsibility, fiscal regulation, macroeconomic stabilityAbstract
B a c k g r o u n d . Modern global challenges – from climate change to armed conflicts – have intensified the search for new economic models capable of combining the objectives of sustainable development with the enhancement of the resilience of societies and economies. The purpose of the study is to systematize theoretical approaches to the formation of new economic models of sustainable development and resilience, to determine their potential for strengthening the economic security of the state and enterprises, as well as to substantiate the possibilities of integrating the principles of the circular economy and resilience into state anti-crisis policy and corporate strategies using Ukraine as a case study. At the core of the research hypothesis lies the assumption that the spread of sustainable and resilient development practices among Ukrainian enterprises directly influences the country's economic security, shaping its ability to withstand military and global risks
M e t h o d s . Analysis and synthesis, generalization; structural and functional analysis method; graphical and tabular methods.
R e s u l t s . In the course of the study, a typology of new economic models (green, circular, frugal, solidarity, creative, etc.) was carried out, and their potential to ensure resilience and post-crisis economic recovery was analyzed. Particular attention was paid to the circular economy principles, which are considered an institutional basis for strengthening anti-crisis regulation and long-term economic security. The empirical part of the study is based on the analysis of sustainable development practices of the 22 largest Ukrainian enterprises from six industries, which demonstrate high adaptability during wartime. Among the most widespread practices are employee and community support, assistance to the Armed Forces of Ukraine, as well as ecological modernization of production. On this basis, key components of sustainable development that directly affect the economic security of the state were identified, and indicators were proposed for assessing the contribution of business to ensuring resilience.
C o n c l u s i o n s . The results confirmed the research hypothesis: sustainable development practices in wartime strengthen the economic security of the state and form the foundation for inclusive post-crisis recovery. The study combines the systematization of theoretical models with an applied analysis of corporate strategies, which ensures its scientific novelty and practical significance. Prospects for further research are related to the development of integrated methodologies for assessing economic resilience, digital support for circular practices, and the harmonization of Ukrainian sustainability standards with those of the European Union.
Downloads
References
Al Rashid, A., & Koç, M. (2023). Additive manufacturing for sustainability and circular economy: Needs, challenges, and opportunities for 3D printing of recycled polymeric waste. Materials Today Sustainability, 24, 100529. https://doi.org/10.1016/j.mtsust.2023.100529
Astarta. (2025). Annual report 2024. https://astartaholding.com/wp-content/uploads/2025/04/2024-annual-report.pdf
Blinova, E., Ponomarenko, T., & Knysh, V. (2022). Analyzing the concept of corporate sustainability in the context of sustainable business development in the mining sector with elements of the circular economy. Sustainability, 14(13), 8163. https://doi.org/10.3390/su14138163
Bohomaz, O. (2025). Analysis of current trends in corporate social responsibility of business in Ukraine amid global challenges. Sustainable Development of Economy, 4(51), 396–402. [in Ukrainian]. [Богомаз, О. (2025). Аналіз сучасних тенденцій корпоративної соціальної відповідальності бізнесу в Україні в умовах глобальних викликів. Сталий розвиток економіки, 4(51), 396–402]. https://doi.org/10.32782/2308-1988/2024-51-55
Center for Innovation Development, Office for Entrepreneurship and Export Development, Diia.Business National Project, & AdvanterGroup. (2024). Business situation in Ukraine. December 2024. [in Ukrainian]. [Центр розвитку інновацій, Управління з питань підприємництва та розвитку експорту, Національний проект Дія Бізнес, AdvanterGroup. (2024). Ситуація в бізнесі України. Грудень 2024 року]. https://advanter.ua/#gallery-3
DTEK. (n. d.). Standing with Ukraine. https://dtek.com/about/standing/
Ensign, P. C. (2022). Business models and sustainable development goals. Sustainability, 14(5), 2558. https://doi.org/10.3390/su14052558
EPAM. (2023). 700 days of resilience: EPAM's support for Ukraine during the full-scale war. https://careers.epam.ua/company/news/2023/700-days-offull-scale-war
European Commission. (2019). The European Green Deal (COM(2019) 640 final). https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:52019DC0640
European Commission. (2020). Strategic foresight report. https://commission.europa.eu/strategy-and-policy/strategic-foresight/2020-strategic-foresight-report_en
European Parliament (2024). Regulation (EU) 2024/792 of the European Parliament and of the Council of 29 February 2024 establishing the Ukraine Facility. https://eur-lex.europa.eu/eli/reg/2024/792/oj/eng
Forbes Ukraine. (2022, August 25). Top management goes to production: MHP's decisions that helped save the business. https://forbes.ua/company/topmenedzhment-ide-na-virobnitstvo-rishennya-mkhp-shcho-dopomogli-zberegtibiznes-24082022-7868
Gao, D., Zhou, X., & Wan, J. (2024). Unlocking sustainability potential: The impact of green finance reform on corporate ESG performance. Corporate Social Responsibility and Environmental Management, 31(3), 776–789. https://doi.org/10.1002/csr.2801
Gazzola, P., Pavione, E., Pezzetti, R., & Grechi, D. (2020). Trends in the fashion industry. The perception of sustainability and circular economy: A gender/generation quantitative approach. Sustainability, 12(7), 2809. https://doi.org/10.3390/su12072809
Malik, M., Szewczuk-Stępień, M., & Bębenek, P. (2025). Rethinkin sustainable development (policy) towards integrated resilience (action plan): Regional level. Economics and Environment, 91(4), 959. https://doi.org/10.34659/eis.2024.91.4.959
Markevych, K., Maistro, S., Koval, V., & Paliukh, V. (2022). Mining sustainability and circular economy in the context of economic security in Ukraine. Mining of Mineral Deposits, 16(1), 101–113. https://doi.org/10.33271/mining16.01.101
Martin, R., & Sunley, P. (2020). Regional economic resilience: Evolution and evaluation. In G. Bristow, & A. Healy (Eds.), Handbook on regional economic resilience (pp. 10–35). Edward Elgar. https://www.elgaronline.com/edcollchap/edcoll/9781785360855/9781785360855.00007.xml
Metinvest. (2023). Annual report 2023. "Unbreakable". https://metinvestholding.com/ua/ar2023/pdf/ua/22%20Support%20for%20Ukraine%20and%20Communities_UA.pdf
OECD. (2021). Strengthening economic resilience following the COVID-19 crisis. https://doi.org/10.1787/2a7081d8-en
One Philosophy. (2024). #Resilient. In it for the long haul (62 pp.). https://resilience.one-philosophy.com/2024-year
Rosário, A. T., Lopes, P., & Rosário, F. S. (2024). Sustainability and the circular economy business development. Sustainability, 16(14), 6092. https://doi.org/10.3390/su16146092
Rose, A. (2007). Economic resilience to natural and man-made disasters: Multidisciplinary origins and contextual dimensions. Environmental Hazards, 7(4), 383–398. https://doi.org/10.1016/j.envhaz.2007.10.001
Rose, A., & Krausmann, E. (2013). An economic framework for the development of a resilience index for business recovery. International Journal of Disaster Risk Reduction, 5, 73–83. https://www.sciencedirect.com/science/article/pii/S221242091300040X
Rose, A., & Lim, D. (2002). Business interruption losses from natural hazards: Conceptual and methodological issues in the case of the Northridge earthquake. Global Environmental Change Part B: Environmental Hazards, 4, 1–14.
SoftServe. (2024). Sustainability report. https://www.softserveinc.com/files/csr/softserve-corporate-social-responsibility-report-2024.pdf
Sutton, J., Arcidiacono, A., Torrisi, G., & Arku, R. N. (2023). Regional economic resilience: A scoping review. Progress in Human Geography, 47(4), 500–532. https://doi.org/10.1177/03091325231174183
Tóth, G., Elekes, Z., Whittle, A., Lee, C., & Kogler, D. F. (2022). Technology network structure conditions the economic resilience of regions. Economic Geography, 98(4), 355–378. https://doi.org/10.1080/00130095.2022.2035715
Ukrainian Institute for Economic Research and Policy (IER). (2025). Ukraine's economy on the eve of URC2025 and the new budget cycle. http://www.ier.com.ua/files/Projects/2025/UA/IER_June 26_2025_UK.pdf
Sereda, V., Nahachevska, T., & Hryhorova, A. (2024). Transformation of approaches to forming and implementing the EU and Ukraine's sustainable development strategies during war and post-war recovery. Bulletin of Taras Shevchenko National University of Kyiv. Economics, 2(225), 69–80 [in Ukrainian]. [Середа, В., Нагачевська, Т. & Григорова, А. (2024). Трансформація підходів до формування та реалізації стратегії сталого розвитку ЄС та України в умовах війни та повоєнної відбудови. Вісник Київського національного університету імені Тараса Шевченка. Економіка, 2(225), 69–80]. https://doi.org/10.17721/1728-2667.2024/225-2/7
World Bank Group. (2021). Resilience rating system: A methodology for building and tracking resilience to climate change. http://hdl.handle.net/10986/35039
World Trade Organization. (2021). World trade report 2021: Economic resilience and trade. https://www.wto.org/english/res_e/publications_e/wtr21_e.htm
Yermolenko, H. (2024, March 4). "ArcelorMittal Kryvyi Rih" allocated over UAH 650 million to support Ukraine during the war. GMK Center. https://gmk.center/ua/posts/arselormittal-krivij-rig-za-chas-vijni-vidiliv-ponad-650-mln-grn-na-pidtrimku-ukraini/
Zalilo, Y. (Ed.). (2025). Economic security of Ukraine under high war risks and global instability (Expert-analytical report). National Institute for Strategic Studies. https://doi.org/10.53679/NISS-analytrep.2025.03
Downloads
Published
Issue
Section
License
Copyright (c) 2026 Яна ОЛІЙНИК, д-р екон. наук, доц., Мар'я КУЧЕРЯВА, канд. екон. наук, ст. досл., Алла ЗІНЧЕНКО, канд. іст. наук, доц., Вікторія ТИЩЕНКО, д-р екон. наук, проф., Світлана ВОРОБЕЙ, асп.

This work is licensed under a Creative Commons Attribution 4.0 International License.
Please read more here: https://econom.bulletin.knu.ua/copyright
