On the institutional conditions for the development of exports of the Altai Krai on the basis of a balanced integration into global value chains

The article is based on the analysis of the structural and dynamic characteristics of the foreign economic activity of enterprises based in the Altai Region. It focuses on the use of the developed hypothesis of institutional value chains to explore the existing organizational an export development model in the region. This made it possible to identify the main problems in export activities (a low technological redistribution, a low share of intangible capital, high transaction and transport costs of export operations, underdeveloped export infrastructure), as well as to diagnose the dominance of traditional forms of organization of economic and legal mechanisms of participation in the international division of labor and cooperation. As proposals for the development of international cooperation with the participation of enterprises in the Altai Region, an institutional export development strategy based on balanced integration into global value chains is being developed and proposed. In the future, this strategy will promote intensive and sustainable economic growth in the region.