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The Eurasian Union and global value chains

Bibliographic Data

ID7989540
AuthorsElena Ustyuzhanina (Plekhanov Russian University of Economics, corresponding author)
Year2016
Volume17
Issuesup1
Pages35-45
Publication date2016-04-15
Open AccessNo
TypeARTICLE
VenueEuropean Politics and Society (JOURNAL)
Journal identifiersISSN: 2374-5126 • E-ISSN: 2374-5118
PublisherTaylor & Francis (PUBLISHER • GB)
DOI10.1080/23745118.2016.1171273
OpenAlexW2340735063
LanguageEN
Citations received5
References cited4

A new form of competition in the modern economy is competition between global value chains. During the last 20 years Russia did not fit into these chains very well and those chains in which the country had relatively favourable positions were not very competitive. And in competitive chains Russia's position was usually subordinate – as a result, Russian companies had a smaller share of added value there. Russia now has the chance to reconsider its role in the international division of labour. This relates in particular to cooperation within the Eurasian Economic Union (EEU). The orientation towards the East is an opportunity to start building new value chains where Russia could play the role of a global integrator. The main question is: can we create a global sales market that would be an alternative to the one controlled by the so-called 'developed countries'? Another option could be the formation of a regional cluster. The creation of the EEU provides an opportunity to build competitive value chains in some industries. But the main problem of Russia's economic policy consists in merely declaring the goals and in substituting projecting for planning. This problem is most likely to affect the common economic space of the EEU

Business · Economic union · European union · International trade · Political science · Value (mathematics · Asian Industrial and Economic Development · Computer Science · Global trade and economics · Global trade, sustainability, and social impact

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  • Russia, Post-Soviet Integration, and the Eaeu

    Ирина Бусыгина, Михаил Филиппов•Problems of Post-Communism•2020

  • Globalisation and Unequalisation

    Raphael Kaplinsky•The Journal of Development Studies•2000

  • How does insertion in global value chains affect upgrading in industrial clusters

    John D Humphrey, John Humphrey et al.•Regional Studies•2002

  • Do free trade agreements actually increase members' international trade

    Open Access•Scott L Baier, Jeffrey H Bergstrand•Journal of International Economics•2006

Citations per year0.56
Citation span2017 - 2023 (7)
Highly citedNo

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