Fukunishi ed., Dynamics of the Garment Industry in Low-Income Countries: Experience of Asia and Africa (Interim Report). Chousakenkyu Houkokusho, IDE-JETRO, 2012. Chapter 6 The Garment Industry in Bangladesh Mohammad Yunus and Tatsufumi Yamagata Abstract...
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Fukunishi ed., Dynamics of the Garment Industry in Low-Income Countries: Experience of Asia and Africa (Interim Report). Chousakenkyu Houkokusho, IDE-JETRO, 2012. Chapter 6 The Garment Industry in Bangladesh Mohammad Yunus and Tatsufumi Yamagata Abstract The garment industry in Bangladesh has been expanded almost uninterruptedly since the late 1970s. It survived Multi-Fiber Arrangement (MFA) phase out at the end of 2004, and remains internationally competitive to date. In this chapter, sources of competitiveness of the industry were discussed. There are three potential strengths, i.e. market force, government policy and dynamism inside the industry. Market force, which is represented by low wage of labor, is surely fundamental to the competitiveness. The roles of the government, industrial associations and technology transfer are still contentious issues to be discussed in the final report. Keywords: Garment industry, Bangladesh 1 Introduction Everywhere, the industrial sector has been
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