Global Trade Liberalization

Global Trade Liberalization PDF

Author: Serajul Hoque

Publisher: Peter Lang Publishing

Published: 2004

Total Pages: 268

ISBN-13:

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Global trade liberalization with regard to the readymade garments industry is a topic of highest relevance for the Bangladeshi economy and linked very strongly to its changing social structure. Garment industry actually is a very new, export-oriented sector of the Bangladesh economy. It was only some twenty years ago that this sector was fully established in Bangladesh. Today it has grown to the number eighteen exporter world-wide, employing some 1.8 million people directly, of whom most of them are women, and another 10 million indirectly. The main markets are the EU and NAFTA. The development of Bangladesh garments industry was facilitated by the different Multi Fibre Arrangements. Therefore--as many other new competitors have grown over the last couple of years, namely South and East Asian including China, the ASEAN, Mexico and 24 Caribbean countries--Bangladesh's garment industry will face a difficult period after 2004.

Investment Opportunities for Bangladesh's Readymade Garments. Contribution in the Country's Sustainable Development Goal

Investment Opportunities for Bangladesh's Readymade Garments. Contribution in the Country's Sustainable Development Goal PDF

Author: Al Moontasir Shifat

Publisher: GRIN Verlag

Published: 2021-12-22

Total Pages: 15

ISBN-13: 3346561143

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Academic Paper from the year 2021 in the subject Business economics - Investment and Finance, grade: A, American International University-Bangladesh (American International University-Bangladesh), language: English, abstract: This research examines investment opportunities for Bangladesh's Readymade Garments (RMG) industry to contribute to the country's sustainable development goal (SDG). RMG's economic contribution is growing as a result of increased export earnings, industrialization, and employment of the country. This paper represents a combination of methods approach, depending upon descriptive and inferential statistics to assess the RMG sector's potential in the country. This analysis is crucial, as the developed world's current financial crisis raised doubts about the industry's long-term survival. This requires the investigation of substitute marketplaces that are less vulnerable to future economic collapse. This report suggests a few other marketplaces, including Brazil, China, South Africa, Russia and India. Keywords: Woven Clothing, Export Promotion Bureau (EPB), RMG, BGMEA, BKMEA, and BRICS

The Bangladesh Garment Industry and the Global Supply Chain

The Bangladesh Garment Industry and the Global Supply Chain PDF

Author: Shahidur Rahman

Publisher: Routledge

Published: 2023-01-09

Total Pages: 0

ISBN-13: 9780367720520

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From LDC to Lower Middle Income Country -- From Million to Billion dollar industry -- From First generation to Second generation Entrepreneurs -- Case study: Small garment factory -- Case study: Medium and Large Factory -- Transnational Governance: Accord and Alliance -- Challenges of Sustainability -- Road Ahead.

Labor, Global Supply Chains, and the Garment Industry in South Asia

Labor, Global Supply Chains, and the Garment Industry in South Asia PDF

Author: Sanchita Banerjee Saxena

Publisher: Routledge

Published: 2019-06-27

Total Pages: 310

ISBN-13: 0429771754

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This book argues that larger flaws in the global supply chain must first be addressed to change the way business is conducted to prevent factory owners from taking deadly risks to meet clients’ demands in the garment industry in Bangladesh. Using the 2013 Rana Plaza disaster as a departure point, and to prevent such tragedies from occurring in the future, this book presents an interdisciplinary analysis to address the disaster which resulted in a radical change in the functioning of the garment industry. The chapters present innovative ways of thinking about solutions that go beyond third-party monitoring. They open up possibilities for a renewed engagement of international brands and buyers within the garment sector, a focus on direct worker empowerment using technology, the role of community-based movements, developing a model of change through enforceable contracts combined with workers movements, and a more productive and influential role for both factory owners and the government. This book makes key interventions and rethinks the approaches that have been taken until now and proposes suggestions for the way forward. It engages with international brands, the private sector, and civil society to strategize about the future of the industry and for those who depend on it for their livelihood. A much-needed review and evaluation of the many initiatives that have been set up in Bangladesh in the wake of Rana Plaza, this book is a valuable addition to academics in the fields of development studies, gender and women’s studies, human rights, poverty and practice, political science, economics, sociology, anthropology, and South Asian studies.

Broken Promises of Globalization

Broken Promises of Globalization PDF

Author: Shahidur Rahman

Publisher: Lexington Books

Published: 2013-12-05

Total Pages: 152

ISBN-13: 0739178350

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Broken Promises of Globalization: The Case of the Bangladesh Garment Industry analyzes the consequences of the latest wave of globalization within the context of the Bangladesh garment industry's integration into world markets and production chains. Shahidur Rahman has found that although globalization has created opportunities, the process of globalization has also triggered a deformed development leaving Bangladesh increasingly vulnerable to shifts and tensions within the world trading regime. Bangladesh’s vulnerability, experienced as a constraining framework by all the major actors in dependent industrialization, is of particular importance to the progress both of workers and of Bangladesh’s industrializing modernizers in the garment industry. This book intends to respond to three questions. First, has the garment industry been able to counteract the vulnerability that women garment workers had experienced in their villages? Second, is the formation of a welfare committee a substitute model for unions when it comes to protecting women’s rights? Finally, how is a Least Developing Country dealing with both domestic and external pressures in its response to globalization? Rahman argues that in spite of the opportunities created by the growth of the garment industry, the key actors such as workers, entrepreneurs, unions, and even the government have become vulnerable in the process of the global integration of this industry. This is an ethnographic study that tells the story of the rise, growth, and demise of a Bangladeshi garment company. From a broader approach, an internal force such as the government of Bangladesh is not alone in being responsible for pushing the workers into a vulnerable position; external pressure on the state is also responsible for intensifying the vulnerability of Bangladeshi institutions and actors. Broken Promises of Globalization exposes the crisis Bangladeshi garment companies face as a result of the momentous pressures emanating from the regime of neo-liberal globalization. This ethnographic study, exploring a wide range of contemporary and recent development issues, holds particular relevance for students and scholars of sociology, political science, political economics, labor, and development studies.

Everyday Life of Ready-made Garment Kormi in Bangladesh

Everyday Life of Ready-made Garment Kormi in Bangladesh PDF

Author: Mohammad Tareq Hasan

Publisher: Springer Nature

Published: 2022-07-15

Total Pages: 330

ISBN-13: 3030999025

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This book portrays the scene where corporate international trade agreements, a new neoliberal state regime, and a growing textile market have contributed to the becoming of a new class of Muslim female workers—who labor in Bangladesh’s apparel export factories under conditions of neoliberal capitalism. The garment kormi—often abstracted by the homogenizing category of the “garment worker”—remain lost in the statistics of development and empowerment or contrarily exploitation. Thereby, focusing on the everyday lives of garment kormi, i.e., workers’ stories than on the collective of garment workers as a category, this book at one front highlights the neoliberal structures of difference and inequality, and on the other reflects on the potential of egalitarianism and change in terms of novel ways of comprising and expressing life-worlds. It shows that the values in life and the structures that govern life, such as contemporary Bangladesh’s neoliberal order, kinship relationality, and religiosity, are co-constitutive, multi-layered, and always on the move, never fixed.

Governing Corporate Social Responsibility in the Apparel Industry after Rana Plaza

Governing Corporate Social Responsibility in the Apparel Industry after Rana Plaza PDF

Author: Anil Hira

Publisher: Springer

Published: 2017-05-22

Total Pages: 181

ISBN-13: 1137601795

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This edited collection critically explores the efforts of the apparel industry to improve safety conditions and suggests governance reforms that will resolve lingering issues. The volume examines two consortia: the Alliance and the Accord, which set up cooperative auditing systems of supplying factories and penalties for non-compliance, and include funding to help factories comply and for workers if factories are idled during repairs, though the editors raise doubts about the long-lasting value of such efforts. In the wake of the 2013 Rana Plaza disaster, leading researchers across labor relations and industry studies tackle and debate such issues, giving their perspective of how multinationals operating in developing countries should regulate labor standards in order to resolve and improve the substandard working conditions under which much of our clothing is made.