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Romanian Textile Industry And Its Competitive Advantage

Author

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  • Cristiana Ioana ŞERBĂNEL

    (Faculty of International Business and Economics, Bucharest Academy of Economic Studies, Bucharest)

Abstract

Globalization has set up a new era of international trade flows and implicitly international competition. This is best understood by analyzing the rise and fall within certain industries. The Global Value Chains (GVC) framework has emerged from its theoretical origins to become a major paradigm used by several international organizations. A detailed scrutiny of GVC highlightsthe manner in which new patterns of production, international trade and employment shape prospects for development and competitiveness.The purpose of the article is to address the important role of the textile sector in national economy development. Firstly, the paper addresses the presentation of textile industry at global, European and national level. Then, it presents a competitiveness sectorial approach and the analysis of innovation in textile industry.Finally, it is presented the value chain for the textile industry in Romania.

Suggested Citation

  • Cristiana Ioana ŞERBĂNEL, 2014. "Romanian Textile Industry And Its Competitive Advantage," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 4, pages 395-404, July.
  • Handle: RePEc:cmj:seapas:y:2014:i:4:p:395-404
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    References listed on IDEAS

    as
    1. R. Kaplinsky, 2000. "Globalisation and Unequalisation: What Can Be Learned from Value Chain Analysis?," Journal of Development Studies, Taylor & Francis Journals, vol. 37(2), pages 117-146.
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    More about this item

    Keywords

    Textile industry; Global Value Chain; Competitive advantage; Clusters; Romania;
    All these keywords.

    JEL classification:

    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • F19 - International Economics - - Trade - - - Other

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