The Network Structure of Global Value Chains and Specificity of Countries’ Participation in Them

 
PIIS086904990011524-8-1
Publication type Article
Status Published
Authors
Occupation: Head of Department
Affiliation: Institute of Economics, Russian Academy of Sciences
Address: 32, Nakhimovskiy Prospekt, Moscow, 117218, Russian Federation
Occupation: Senior Researcher
Affiliation: Institute of Economics, Russian Academy of Sciences
Address: 32, Nakhimovskiy Prospekt, Moscow, 117218, Russian Federation
Occupation: PhD student
Affiliation: Institute of Economics, Russian Academy of Sciences
Address: 32, Nakhimovskiy Prospekt, Moscow, 117218, Russian Federation
Journal nameObshchestvennye nauki i sovremennost
EditionIssue 3
Pages55-68
Abstract

Article studies organizational structure of global value chains (GVCs) and specificity of countries’ participation in them. GVCs imply a phenomenon in which output of a country in terms of intermediary goods is being purchased by other countries for further processing (addition of value) and re-export to the third countries. The importance of this study is determined by the fact that participation in GVCs is becoming an up-to-date mode of international division of labor and a new way of entering export markets. In the article we briefly describe a history and factors of GVCs’ emergence, and review indicators of countries’ and territories’ participation in GVCs. We also analyze organizational features of GVCs and their impact on the structure of the global economy as a whole. We highlight that in terms of its organization GVC is a complex horizontally dispersed networked entity. It forms a multidimensional and dynamic environment (ecosystem) encompassing various stakeholders, their interlinkages and flows of resources between them.

Keywordsglobal value chains, fragmentation of production, network interactions
Received14.09.2020
Publication date17.06.2017
Number of characters1054
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