The evolution of the essence of international industrial cooperation
Abstract The article examines the influence of national competitive advantages, state and international financial and economic institutions on ensuring the intensity and efficiency of the process of international industrial cooperation. It is noted that within the framework of the theory of the world economy and the international economic relations, an analysis is made of the role of modern international alliances and TNCs in the development of the international industrial cooperation, sociological and environmental effects of the process under consideration. At the same time, in the coordinate system of the general theory of management, directions for rationalizing the management functions by the processes of international industrial cooperation are argued, complex mechanisms for resolving cross-cultural conflicts typical for the implementation of international industrial projects and programs are formed.
Keywords: international industrial cooperation, Russia, China, world economy, industrial franchising
Highlights:
♦ international cooperation in the industrial field, in which one of the states dictates its will without appeal, and the other (others) is (are) completely subordinated, despite their own national socio-economic interests, in accordance with the definition we have clarified, it is incorrect to refer to the field of international industrial cooperation;
♦ international economic cooperation, including industrial cooperation in the Keynesian paradigm, should primarily serve the goals of ensuringthe long-term stability of national financial and economic systems, minimizing the likelihood of global crises;
♦ the limitation of the use of the methodology and tools of the monetarist approach to the analysis and justification of the rationalization directions of international industrial cooperation is the insufficient attention paid to the processes of functioning of the real sector of the economy.
Sun Liangyang - Kazan (Volga Region) Federal University, Kazan, Russia; Elena S. Materova - Samara State University of Economics, Samara, Russia