GLOBAL VALUE CHAINS AND ITS IMPACT FROM AN ECONOMIC GLOBALIZATION PERSPECTIVE
GLOBAL VALUE CHAINS AND ITS IMPACT FROM AN ECONOMIC GLOBALIZATION PERSPECTIVE
Author(s): Cătălin PostelnicuSubject(s): Supranational / Global Economy, Globalization
Published by: Asociaţia de Cooperare Cultural-Educaţională Suceava
Keywords: global value chains; fragmentation of production; economic globalization; value adding chain;
Summary/Abstract: Global value chains (GVCs) are increasing during the past decade, thereby raising new policy challenges for many countries, regarding various fields, as trade, competitiveness, innovation and management of global systemic risk. Today, world economy is characterized by global value chains in which intermediate goods and services are traded in fragmented and dispersed production processes. Therefore, the study of global value chains adds to understanding the nature of today’s geographically dispersed activities. In this article we try to analyze not only the evolution of value chains, but, in the same time, the changing features of this phenomenon in the last few years.
Journal: Ecoforum
- Issue Year: 10/2021
- Issue No: 1
- Page Range: 0-0
- Page Count: 8
- Language: English
