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How to Live in a Textile Quota-free World

Author

Listed:
  • Attiya Y. Javed

    (Pakistan Institute of Development Economics, Islamabad.)

  • Haseeb Ahmad Bhatti

    (Pakistan Institute of Development Economics, Islamabad.)

Abstract

Its going to be an open arena, only fittest will survive, instead of governments, markets will determine whom to favour or not. There will be no textile quotas in the year 2005. The world has changed and it is going to change increasingly. It differs from the colonial patterns of trade and co-operation when only United Kingdom was the major player in the international trading arena. Now there are many leading trading nations in the world. In post World Trade Organisation era that is after January 1, 1995 at least on paper every country is equal partner in the global trading system. On ground there are big and small players in this equal paper partnership. United States continues to be the leading exporter and importer in the world with a share of 12.4 percent of total world exports and 18.0 percent of total world imports. The East Asian economies first tier, Singapore, Hong Kong, South Korea and Taiwan have climbed up on the Product Cycle ladder shifting from low value products to high value added exports like hi-tech electronics, the second tier of NIE’s Malaysia, Indonesia, Thailand and Philippines have diverse exporting patterns. Excluding Malaysia, others are exporters of textiles and clothing with many other products.

Suggested Citation

  • Attiya Y. Javed & Haseeb Ahmad Bhatti, 2000. "How to Live in a Textile Quota-free World," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 39(4), pages 609-628.
    • Handle: RePEc:pid:journl:v:39:y:2000:i:4:p:609-628
    as

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    File URL: http://www.pide.org.pk/pdf/PDR/2000/Volume4/609-628.pdf
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    References listed on IDEAS

    as
    1. Trela, Irene & Whalley, John, 1990. "Global Effects of Developed Country Trade Restrictions on Textiles and Apparel," Economic Journal, Royal Economic Society, vol. 100(403), pages 1190-1205, December.
    2. Madhavi Majmudar, 1996. "Trade Liberalisation in Clothing: the MFA Phase‐Out and the Developing Countries," Development Policy Review, Overseas Development Institute, vol. 14(1), pages 5-36, March.
    3. Anderson,Kym (ed.), 1992. "The New Silk Roads," Cambridge Books, Cambridge University Press, number 9780521392785, August.
    4. Ashfaque H. Khan, 1998. "The Experience of Trade Liberalisation in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 37(4), pages 661-685.
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    Cited by:

    1. Shah Mehmood WAGAN, 2015. "Export boost of textile industry of Pakistan by availing EU’s GSP Plus," Journal of Economics Library, KSP Journals, vol. 2(1), pages 18-27, March.
    2. Wagan, Shah Mehmood, 2015. "Export boost of Textile Industry of Pakistan by availing EU’s GSP Plus," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 1(1), pages 18-27.

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