ROMANIAN TEXTILE INDUSTRY AND ITS COMPETITIVE ADVANTAGE

Cristiana Ioana Şerbănel
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Cristiana Ioana Şerbănel: Faculty of International Business and Economics, Bucharest Academy of Economic Studies, Bucharest

SEA - Practical Application of Science, 2014, issue 4, 395-404

Abstract: Globalization has set up a new era of international trade flows and implicitly international competition. This is best understood by analyzing the rise and fall within certain industries. The Global Value Chains (GVC) framework has emerged from its theoretical origins to become a major paradigm used by several international organizations. A detailed scrutiny of GVC highlightsthe manner in which new patterns of production, international trade and employment shape prospects for development and competitiveness.The purpose of the article is to address the important role of the textile sector in national economy development. Firstly, the paper addresses the presentation of textile industry at global, European and national level. Then, it presents a competitiveness sectorial approach and the analysis of innovation in textile industry.Finally, it is presented the value chain for the textile industry in Romania.

Keywords: Textile industry; Global Value Chain; Competitive advantage; Clusters; Romania (search for similar items in EconPapers)
JEL-codes: F12 F19 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:cmj:seapas:y:2014:i:4:p:395-404

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