Myanmar's apparel industry in the new international environment : prospects and challenges
Myanmar’s apparel industry had long been denied access to Western markets due to sanctions against its military government. The birth of a "civilian" government in March 2011 improved Myanmar’s relations with the international community, and Western sanctions were largely lifted. Regained market access is expected to trigger rapid growth of Myanmar’s apparel exports. This paper examines this impact with a comparison to Vietnam’s apparel industry.The industry’s prospects are getting bright, but the business environment has recently changed drastically in Myanmar. A new challenge for Myanmar’s apparel industry is remaining globally competitive. This paper also examines advantages and disadvantages that apparel firms in Myanmar experience. Although its abundance of low-wage workers remains a source of competitiveness, Myanmar needs its government to play a more active role to build the foundation of the industry.
|Date of creation:||01 Sep 2013|
|Publication status:||Published in IDE Discussion Paper = IDE Discussion Paper, No. 430. 2013-09-01|
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- Kudo, Toshihiro, 2005. "The Impact of United States Sanctions on the Myanmar Garment Industry," IDE Discussion Papers 42, Institute of Developing Economies, Japan External Trade Organization(JETRO).
- Koji Kubo, 2013.
"Real exchange rate appreciation, resource boom, and policy reform in Myanmar,"
Asian-Pacific Economic Literature,
Asia Pacific School of Economics and Government, The Australian National University, vol. 27(1), pages 110-126, 05.
- Kubo, Koji, 2012. "Real exchange rate appreciation, resource boom, and policy reform in Myanmar," IDE Discussion Papers 358, Institute of Developing Economies, Japan External Trade Organization(JETRO).
- Fukunishi, Takahiro & Yamagata, Tatsufumi, 2013. "Slow and steady wins the race : how the garment industry leads industrialization in low-income countries," IDE Discussion Papers 412, Institute of Developing Economies, Japan External Trade Organization(JETRO). Full references (including those not matched with items on IDEAS)
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