Global Trade Liberalization

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.

Autorentext

The Author: Serajul Hoque, born in 1965, studied Bachelor and Master of Commerce in marketing at the University of Dhaka (Bangladesh). Now he is an associate professor of marketing at the University of Dhaka.

Inhalt
Contents: Global Trade Liberalization and Bangladesh Readymade Garments Industry International Regimes in Textile and Clothing Multi-Fibre Arrangement **Global Market Analysis Social Aspects and Labour Migration.