Features of the Formation and Functioning of Value Added Chains in the EU-Ukraine Cross-Border Area
Features of the Formation and Functioning of Value Added Chains in the EU-Ukraine Cross-Border Area

Summary/Abstract: In today's globalised world, the key to a successful development of the country is its entry into the global value chains (GVCs). The processes of globalisation cause competition that is not only between the countries of the world, but between regions, cities and even companies. The European integration intentions of Ukraine, which were updated with the signing of the Association Agreement between Ukraine and the EU, opened the door for greater access of Ukrainian enterprises to the world market. Ukraine has had the opportunity to participate in certain stages of production chains, including large multinational corporations. In this context, the article analyses theoretical principles and practical recommendations for increasing the participation of cross-border regions of Ukraine in GVCs.The article deals with various scientific approaches to the evaluation of the participation in GVCs. The classification of GVCs is proposed. The place of Ukraine in the world according to separate indicators of the World Competitiveness Index, which concern the participation of countries in GVCs, is outlined. The research of foreign economic activity of the largest enterprises of the border regions of Ukraine has been carried out. Special attention is paid to their cooperation with Poland, Slovakia, Romania, Belarus and Moldova. The role of clusters, including cross-border ones, in GVCs has been outlined. Recommendations for activating the participation of cross-border regions of Ukraine in GVCs are proposed.

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