Myanmar's apparel industry in the new international environment : prospects and challenges
Myanmarâ€™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 Myanmarâ€™s relations with the international community, and Western sanctions were largely lifted. Regained market access is expected to trigger rapid growth of Myanmarâ€™s apparel exports. This paper examines this impact with a comparison to Vietnamâ€™s apparel industry. The industryâ€™s prospects are getting bright, but the business environment has recently changed drastically in Myanmar. A new challenge for Myanmarâ€™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:||Sep 2013|
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|Publication status:||Published in IDE Discussion Paper. No. 430. 2013.9|
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- 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).
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- 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).
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