FUNCTIONING OF GLOBAL VALUE CHAINS AS THE MAIN CHARACTERISTICS OF THE MODERN WORLD ECONOMIC ENVIRONMENT

Abstract

The modern world economic environment is characterized by many features.
One of them is the functioning of global value chains (hereinafter referred to as GVCs).
The concept of global value chains was introduced into scientific circulation in the
early 2000s due to the increasing fragmentation (fragmentation) of production and its
distribution (dispersion) of its stages among a large number of countries.