The Bulletin of the Institute of Economics of the Russian Academy of Sciences № 3/2025. World Economy. 

Olga D. Ismagilova

Researcher of the Institute for International Economics and Finance, Russian Foreign Trade Academy, Moscow, Russia

ORCID: 0000-0002-3092-770X

Veronika N. Popova

Researcher of the Institute for International Economics and Finance, Russian Foreign Trade Academy, Moscow, Russia

ORCID: 0000-0002-7931-850X

ANALYSIS OF OPPORTUNITIES FOR RUSSIA AND KAZAKHSTAN COOPERATION ON VALUE CHAINS DEVELOPMENT IN THE METALLURGICAL INDUSTRY

161-180

330.68 KB

Full text

The article examines the main characteristics of countries’ participation in global value chains, key types, and the extent of their influence on world trade. There is an analysis of Russian and Kazakhstan participation in global value chains as well as the share of foreign added value in the metallurgical industry of Russia and Kazakhstan. The current figures of trade and economic interaction of both countries, including their cooperation in the investment sphere are regarded. Particular attention is paid to the study of metallurgical industry of Kazakhstan as one of the priority directions of industrial production as well as statistics of export and import of specific products of mining and metallurgical sector of Kazakhstan. The article also considers the prospects of Russian and Kazakhstan cooperation expansion in the steel industry, and identifies specific metallurgical goods for which Russia has untapped export potential in the Kazakhstan market.

Keywords: Russia, Kazakhstan, metallurgical industry, export, import, global value chains, forward and backward participation, industry production, resources, critical goods.

JEL: F49, P23, P33

EDN: WNQBCE

DOI: https://doi.org/10.52180/2073-6487_2025_3_161_180

References

1. Trade policy implications of global value chains (OECD). https://www.oecd.org/content/dam/oecd/en/publications/reports/2019/11/trade-policy-implications-of-globalvalue-chains_f182d1f5/4989ef9e-en.pdf
2. Borinm A., Mancini M., Taglioni D. Economic consequences of trade and global value chain Integration. A Measurement Perspective (World bank group), September 2021. https://documents1.worldbank.org/curated/en/476361632831927312/pdf/Economic-Consequences-of-Trade-and-Global-Value-Chain-Integration-A-Measurement-Perspective.pdf
3. Nur C., Inmaculada M.-Z. The impact of global value chain participation on income inequality. International Economics, Vol. 169, May 2022. DOI: 10.1016/j.inteco.2022.02.002.
4. Global value chain development report 2023: Resilient and sustainable GVCs in turbulent times. Research Institute for Global Value Chains at the University of International Business and Economics, ADB, the Institute of Developing Economies – Japan External Trade Organization and the WTO, 2023. https://www.wto.org/english/res_e/booksp_e/gvc_dev_rep23_e.pdf
5. Ralph Ossa. Pillar of economic security (International Monetary Fund).
6. Fernandes A., Hiau Looi Kee, Deborah Winkler. Determinants of Global Value Chain Participation Cross-Country Evidence. https://documents1.worldbank.org/curated/en/930751585234915451/pdf/Determinants-of-Global-Value-Chain-Participation-Cross-Country-Evidence.pdf
7. Trade in Value Added and Global Value Chains Country profiles explanatory notes (WTO) https://www.wto.org/english/res_e/statis_e/miwi_e/explanatory_notes_e.pdf.
8. Nebojša Stojčić, Matija Matić. A journey toward global value chain upgrading: Exploring the transition from backward to forward integration. Technology in Society, Vol. 76. March 2024. https://www.sciencedirect.com/science/article/abs/pii/S0160791X23002403.
9. Interconnected Economies Benefiting from Global value chains (OECD). https://www.oecd.org/en/publications/interconnected-economies_9789264189560-en.html
10. Josephine Wuri, Tri Widodo, Amirullah Setya Hardi. Speed of convergence in global value chains: Forward or backward linkage. Heliyon. Vol. 9. Iss. 7. July 2023. https://www.sciencedirect.com/science/article/pii/S2405844023052787
11. Koen De Backer, Sébastien Miroudot. Mapping Global Value Chains. OECD Trade Policy Papers No. 159. https://www.oecd.org/content/dam/oecd/en/ publications/reports/2013/12/ mapping-global-value-chains_g17a2429/5k3v1trgnbr4-en.pdf
12. Navarro О. Features of value-added chains in metallurgy and metalworking in Russia. http://edoc.bseu.by:8080/bitstream/edoc/102045/1/Navarro_119_126.pdf
13. Mineral commodity summaries. U.S Geological Survey, Reston, Virginia: 2023. https://pubs.usgs.gov/periodicals/mcs2023/mcs2023.pdf (accessed: 15.01.2025).
14. Mining Sector Diagnostics – Kazakhstan. (The World Bank), February, 2023. https://documents1.worldbank.org/curated/en/099081823001511076/
    pdf/P176745032752e020ab830aca3807b2afc.pdf (accessed: 20.02.2025). (In Russ).

Manuscript submission date: 13.02.2025

Manuscript acceptance date: 30.06.2025

For citation:

Ismagilova O.D., Popova V.N. Analysis of Opportunities for Russia and Kazakhstan Cooperation on Value Chains Development in the Metallurgical Industry // Vestnik Instituta Ekonomiki Rossiyskoy Akademii Nauk. 2025. № 3. Pp. 161-180. (In Russ.). https://doi.org/10.52180/2073-6487_2025_3_161_180 EDN: WNQBCE

  Creative Commons 4.0