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The Impact of Ukraine’s Involvement in Global Value Chains on the Development of the Processing Industry

Mytsenko Valerii, Babets Iryna, Mytsenko Ivan, Fleychuk Mariya, Dorosh-Kizym Mariana

Management and Production Engineering Review

2024

Vol. 15, No. 2

99--111

The relevance of the research is determined as Ukraine, a country with a developed manufacturing industry, opens up new opportunities and challenges in the context of the global economy, which is increasingly based on global value chains, and studying this impact is key to achieving economic growth and competitiveness. The study aims to examine the relationship between Ukraine’s participation in global value chains and the development of the manufacturing industry to identify opportunities and prospects for their interaction. The methods used were analytical, functional, system analysis, deduction, synthesis, and comparison. The results showed that industrial development is closely linked to changes in production, exports, and participation in global value chains, which affect production volumes and the number of employees in Ukrainian industries. The practical implications are to facilitate the development of better export strategies and improve sectoral policies to increase the competitiveness and efficiency of Ukrainian enterprises in global value chains.