By Shahrukh Rafi Khan
Neo-classical monetary alternate concept means that nations on an combination point concentrate on items which are in step with their specific merits and this e-book means that the predictions of the idea are extensively borne out. in spite of the fact that, this conception is solid on a really combination point equivalent to textiles and metal and the idea presents little advice on process. therefore, there's infant learns from the speculation approximately company, structural, and institutional practices that make a specific nation extra profitable than others no matter if their extensive comparative virtue is similar. equally, one learns little in regards to the quite a few sorts of severe linkages or partnerships, back and forth (induced by means of commercial coverage or spontaneous), public-private, domestic-foreign (in a price chain context), South-South, and intra-cluster or zone that bring about export good fortune and failure within the garment in South Asia.
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Extra resources for Export Success and Industrial Linkages: The Case of Readymade Garments in South Asia
In so doing, we investigate the nature of production or value chains that ﬁrms in the RMG sector become part of and the nature of standards that they need to comply with. We also investigate the nature of competition and cooperation within the garment sector (cases of collective action), the nature of linkages of the sector with the broader economy, and the linkages of the sector across country within South Asia (South-South linkages). The textile industry in general and the garment sector in particular have played an important role in all currently high- and middle-income countries starting with the Industrial Revolution.
He points to Gujarat, Punjab, Bengal, and the Coromandel Coast as the four main areas where the textile trade has ﬂourished since the seventeenth century. These regions specialized in and became known for different products (p. 39), and their geography also impacted production and exports. ” The regional specialization in the production of different kinds of cloth and fabrics appears to be based on spatial advantages. For example, the quality of Dacca’s muslin was based on the “rigid quality control” of the cotton harvested on a narrow strip of land about 40 miles long and two to three miles wide along the Meghna river (p.
When asked about the perceived lower productivity of Bangladeshi labor, due to either lower levels of education or other factors, the interviewees almost unanimously refuted this perception. 3 shows an intercountry comparison of productivity in the RMG sector in Bangladesh relative to other countries for 2000. 00 Source : Bhattacharya and Rahman (2000). 4 Comparative unit price of selected apparel items exported from Bangladesh to the United States (US$ per dozen) 2002 Product type World average Bangladesh China India 2003 Jan.