International Journal of Supply Chain Management
Vol 8, No 4 (2019): International Journal of Supply Chain Management (IJSCM)

Role of International Trade and Supply Chain Management in Economic Development of Countries

Askar Nailevich Mustafin (Unknown)
Dilyara Ildarovna Makhmutova (Unknown)



Article Info

Publish Date
25 Aug 2019

Abstract

Abstract- International cooperation and the development of globalization have a favorable impact on the market economy: there is a cultural, moral, social, political and economic unification of all cities, countries and continents. The consequences of these processes are the further integration of countries into international trade, which continues to take an increasingly important role in the economies of developed countries by using the supply chain strategy.Practical experience of developed countries demonstrates that international trade has a huge impact on the level of the country well-being. Such indicators of foreign trade as the changes in exports, imports and foreign trade balances of China, Russia, the United States and Germany, are presented in the paper. According to the results of the economic study of four developed countries-leaders in international trade: China, Russia, the United States and Germany, the team of authors proposed a ranking of these countries in the order of importance of foreign trade for their economies.

Copyrights © 2019






Journal Info

Abbrev

IJSCM

Publisher

Subject

Decision Sciences, Operations Research & Management Engineering Environmental Science Industrial & Manufacturing Engineering Transportation

Description

International Journal of Supply Chain Management (IJSCM) is a peer-reviewed indexed journal, ISSN: 2050-7399 (Online), 2051-3771 (Print), that publishes original, high quality, supply chain management empirical research that will have a significant impact on SCM theory and practice. Manuscripts ...