GLOBAL VALUE CHAINS AS A FACTOR OF SHIFTS IN THE GEOGRAPHY OF WORLD ECONOMY
Abstract
Transformations in the modern world economy are so rapid, that a phenomenon of global value chains (GVC) could change the regional and global production in some branches just during a decade. The GVC conception is one of the most efficient modern methods for studying the essence of countries’ interaction within the international division of labor. Participation in the GVC, as well as the GVC-focused policy, could provide a strong impulse for quantitative and qualitative growth of production in both developing and developed countries. Countries of the whole world are looking for their own ways and niches to participate in the GVC, which changes their positions in the international labor division.
About the Author
S. A. Safonov
Lomonosov Moscow State University
Russian Federation
Faculty of Geography, Department of World Economy, post-graduate student
Russian Federation
Faculty of Geography, Department of World Economy, post-graduate student
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Review
For citations:
Safonov S.A. GLOBAL VALUE CHAINS AS A FACTOR OF SHIFTS IN THE GEOGRAPHY OF WORLD ECONOMY. Vestnik Moskovskogo universiteta. Seriya 5, Geografiya. 2016;(4):22-28. (In Russ.)
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