Integration into the global value chains. Remendations for Ukraine

Guzhva Igor
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Guzhva Igor: Ukrainian State University of Finance and International Trade

International Journal of Innovative Technologies in Economy, 2015, issue 2 (2), 3-7

Abstract: The article deals with the global value chains (GVCs) formation and functioning peculiarities, as well as defines the necessary conditions to include national commodity producer in its composition. It proposes to elaborate a strategic action plan regarding the GVC development with the involvement of national commodity producers. This plan should include the following as the key areas: optimizing trade and investment barriers; developing services and infrastructure as the main aspect of GVCs; promoting government assistance within the quality country’s economy participation in GVCs to implement innovative technologies; fostering the inclusion of small and medium-sized enterprises in GVCs; taking effective measures to provide trade facilitation under the WTO Agreements; encouraging public-private partnerships in the context of GVCs and developing international cooperation between all international and national business stakeholders with regard to GVCs.

Keywords: INTERNATIONAL DIVISION OF LABOR; GLOBAL VALUE CHAIN; TRANSACTION COST; TRADE FACILITATION; STRATEGY (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:scn:033054:16525130

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