Global value chains in the age of uncertainty: advantages, vulnerabilities, and ways for enhancing resilience
In this paper, we seek to explain the fundamental vulnerability of global value chains (GVCs) to sudden shocks, as revealed by the COVID-19 pandemic crisis, and outline ways for enhancing their adaptability to the increased uncertainty at both conceptual and policy levels. We consider the concept and a typical multi-structural model ...
Economic globalization, production internationalization, creation of international production networks
... economic globalization that is considered first of all as the process of formation and development of international production networks. The article shows the differences from the previous production internalization. The specific features of commodity chains and production networks forming in the process of globalization are provided.
1.
Бхагвати Д.
В защиту глобализации / пер. с англ.; под ред. В.
Л. Иноземцева. М.: Ладомир, 2005....
Transformation of global value chains in Russia and the Baltics amid Covid-19: prospects for regionalization and implications for economic policy
... have historically been economic partners, the economic relations between them are tense today. Nearly stagnating bilateral trade contributes little to the development of either side. The Baltics-Russian bilateral trade conducted within global value chains (GVC) and operations of multinational companies is much more resistant to geopolitical and economic shocks than traditional international trade. In particular, the accession of Estonia, Latvia, and Lithuania to the EU and NATO in 2004 and the introduction ...
Closed lattice of Toda equations
The method of closed chains of discrete symmetries is used to multiply Toda lattices in one and two spatial dimensions. Using the modified Toda equations m0TCand m1TC as an example, it is shown that the combination of the Darboux and Schlesinger transformations leads to closed ...
System analysis and methodology for developing a software product of a mathematical model of physical processes for the aviation industry
The method of closed chains of discrete symmetries is used to multiply Toda lattices in one and two spatial dimensions. Using the modified Toda equations m0TCand m1TC as an example, it is shown that the combination of the Darboux and Schlesinger transformations leads to closed ...
When and why regional clusters become basic building blocks of modern economy
... economic projects (cluster initiatives). We examine the properties of clusters corresponding to each class and demonstrate their role in the geographical and functional fragmentation of production, in the integration of local exporters into global value chains, and in bridging communication gaps and developing collaboration among economic agents. We show that clusters occupy a central place among various types of business networks and have a comparative edge making them key building blocks of the modern ...