Problems of integration of Latin America in global value chains

 
PIIS0044748X0004001-0-1
DOI10.31857/S0044748X0004001-0
Publication type Article
Status Published
Authors
Affiliation: Finance University under the Government of the Russian Federation
Address: Russian Federation, Moscow
Journal nameLatin America
EditionIssue 3
Pages18-37
Abstract

The article discusses the problem of the integration of Latin America into the global value chain. The author analyses the main reasons for the weak involvement of Latin American companies in the global production and productivity growth: poor quality and availability of infrastructure; shortage of skilled labour and high costs, cross-border challenges. In addition, the optimization of supply chain management, development of regional industrial clusters and their inclusion in global value chains are discussed.

Keywords global value chain, supply chain management, preferential trade agreements, clustering
Received21.02.2019
Publication date13.03.2019
Number of characters47356
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