Unlocking Synergy: Are CESEE Countries Effectively Integrated into Global Value Chains?

Jasna Tonovska – Faculty of Economics – Skopje, Ss. Cyril and Methodius University in Skopje, Bul. Goce Delcev 9V, 1000 Skopje, Republic of North Macedonia

Abstract: In an era of globalized economies, the integration into Global Val­ue Chains (GVC) becomes very significant, as it not only shapes the trajectory of trade and economic development but also influences productivity growth, income convergence, and the overall competitiveness in the international markets. This paper examines the GVC dynamics in Central and South-East­ern Europe (CESEE) and the Baltic States. Findings reveal moderate GVC inte­gration in the region, with a gradual decline in its share in gross exports. Sec­toral and geographical structures vary among subgroups, emphasizing dif­ferences between CEE, Baltic, and SEE countries. Focusing on Macedonian trade, the study highlights increased integration and a shift towards higher forward linkages. Policy recommendations address shared obstacles, urging enhancement of non-price competitiveness and sector-specific strategies to boost innovation and collaboration. The proposed roadmap aims to guide CESEE policymakers in fostering GVC integration across diverse sectors.

LIMEN Conference

9th International Scientific-Business Conference – LIMEN 2023 – Leadership, Innovation, Management and Economics: Integrated Politics of Research – CONFERENCE PROCEEDINGS, Hybrid (Graz University of Technology, Graz, Austria), December 7, 2023

LIMEN Conference Proceedings published by the Association of Economists and Managers of the Balkans, Belgrade, Serbia

LIMEN Conference 2023 Conference Proceedings: ISBN 978-86-80194-78-3, ISSN 2683-6149, DOI: https://doi.org/10.31410/LIMEN.2023

Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission. 

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