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Effects Of Wto On The Textile Industry On Developing Countries

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Author Info

  • Syed Abdul Sattar SHAH

    (Assistant Professor-IBA-University of Sindh Jamshoro)

  • Anwar Ali Shah G. SYED

    (Pro-Vice Chancellor-MBBS-Dadu-University of Sindh-Jamshoro)

  • Faiz M. SHAIKH

    (Assistant Professor, SZABAC-Dokri-Larkana –Sindh)

Registered author(s):

    Abstract

    The current investigates the Effects of WTO on the Textile Industry on Developing Countries. Data were collected from various secondary sources and data is analyzed by using SPSS-20 version statistical software. It was revealed that WTO more industrialized countries consented to export fewer textiles while less industrialized countries enjoyed increased quotas for exporting their textiles. Bangladesh was expected to suffer the most from the ending of the MFA because it was expected to face more competition, particularly from China, it has tried to maintain its competitiveness in the post-quota era. It was further revealed that It has also been examined that all over the world textile industries are facing high inflation which is the hottest issue due to which the cost of doing business is going higher and higher day by day. The Chinese, Indian, Sri Lankan and Bangladeshi textile manufacturers are also out of those affected ones whose major issues are associated with increased cost of production. China’s dominance of the global garments trade has also been affected due to the rise in the costs of material, labour, energy, environmental protection and high interest rate. Furthermore, the environmental standard is also a barrier to many Chinese enterprises; even most of the Chinese enterprises have inputted environmental Standard.

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    File URL: http://www.revistadestatistica.ro/Articole/2013/RRS_06_2013_a5_en.pdf
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    Bibliographic Info

    Article provided by Romanian Statistical Review in its journal Romanian Statistical Review.

    Volume (Year): 61 (2013)
    Issue (Month): 6 (July)
    Pages: 60-77

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    Handle: RePEc:rsr:journl:v:61:y:2013:i:6:p:60-77

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    Related research

    Keywords: WTO; Textile Industry; Developing Countries;

    References

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    1. Debapriya Bhattacharya & Mustafizur Rahman, 2000. "Regional Cumulation Facility Under Ec-Gsp:Strategic Response From Short And Medium Term Perspectives," CPD Working Paper 9, Centre for Policy Dialogue (CPD).
    2. Denny Lewis-Bynoe & Jennifer Griffith & Winston Moore, 2002. "Trade Liberalization And The Manufacturing Sector: The Case Of The Small Developing Country," Contemporary Economic Policy, Western Economic Association International, vol. 20(3), pages 272-287, 07.
    3. Simon Roberts & John Thoburn, 2003. "Adjusting to Trade Liberalisation: The Case of Firms in the South African Textile Sector," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 12(1), pages 74-103, March.
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