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RMG in Bangladesh

Author

Listed:
  • Rifat Darina Kamal
  • Z.R.M. Abdullah Kaiser

Abstract

Hostile political conflicts have caused Bangladesh to miss out many global economic opportunities despite much achievements made since independence. Its evolving readymade garments (RMG) sector is one of the most affected sectors of this malicious politics. The focal point of this article is to demonstrate the recent violence of vicious politics of Bangladesh and its effect on the evolving RMG sector. The result shows that the average losses in this sector due to the recent political turmoil are very alarming. Moreover, foreign buyers have cancelled their orders from Bangladesh for uncertain shipment for the same reason. It is an ominous sign for a developing sector. So, the main objective of this article is to figure out the losses and missed opportunities of the RMG sector caused by the political impasse and to provide some suggestions to protect the RMG sector from these political atrocities.

Suggested Citation

  • Rifat Darina Kamal & Z.R.M. Abdullah Kaiser, 2015. "RMG in Bangladesh," Foreign Trade Review, , vol. 50(2), pages 135-147, May.
    • Handle: RePEc:sae:fortra:v:50:y:2015:i:2:p:135-147
    DOI: 10.1177/0015732515572060
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    More about this item

    Keywords

    P16; G01; M21; P23;
    All these keywords.

    JEL classification:

    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State
    • G01 - Financial Economics - - General - - - Financial Crises
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • P23 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Factor and Product Markets; Industry Studies; Population

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