Diversification of the National Economy by Means of Deepening International Industrial Cooperation
Year: 2024
Type: article
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.
Source: Russian Journal of Management
Author: Anzhelika Nikitina
Institution: Ufa University of Science and Technology
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4405273489