DIVERSIFICATION OF THE NATIONAL ECONOMY BY MEANS OF DEEPENING INTERNATIONAL INDUSTRIAL COOPERATION

One of the leading mechanisms for the formation of the world economy in recent decades has been the internationalization of trade and economic relations, which allows to significantly reduce production costs and thus increase its competitiveness. This mechanism for establishing international economic ties that dramatically increase the efficiency of national production has been called the International Industrial Cooperation (IPC). Its productivity has been proven by the experience of modern multinational corporations, which ensure the expansion of global production and thus maintain the stability of national economies.

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Publication Details

Journal
Russian Journal of Management
Published
2024-10-24
DOI
https://doi.org/10.29039/2409-6024-2024-12-3-198-212
Primary Topic
Economic Development and Digital Transformation
Type
article
Field-Weighted Citation Impact
0.00
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article

DIVERSIFICATION OF THE NATIONAL ECONOMY BY MEANS OF DEEPENING INTERNATIONAL INDUSTRIAL COOPERATION

Angelica A. Nikitina
Russian Journal of Management
Economic Development and Digital Transformation
article

DIVERSIFICATION OF THE NATIONAL ECONOMY BY MEANS OF DEEPENING INTERNATIONAL INDUSTRIAL COOPERATION

Angelica A. Nikitina
article en

Abstract

One of the leading mechanisms for the formation of the world economy in recent decades has been the internationalization of trade and economic relations, which allows to significantly reduce production costs and thus increase its competitiveness. This mechanism for establishing international economic ties that dramatically increase the efficiency of national production has been called the International Industrial Cooperation (IPC). Its productivity has been proven by the experience of modern multinational corporations, which ensure the expansion of global production and thus maintain the stability of national economies.

Russian Journal of ManagementVol. 12(3)
University of Science and Technology (YE), Korea University of Science and Technology (KR)
Openalex Percentile: Top 59%
Economic Development and Digital Transformation
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