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Garments Industry Development in Bangladesh and Its Prospect for Catch-up.

  • 발행기관 Ajou University
  • 지도교수 Jungho Kim
  • 발행년도 2014
  • 제출일 2014-06-18
  • 학위수여년월 2014. 6
  • 학위명 석사
  • 학과 Graduate School of International Studies 국제통상학과
  • 실제URI http://www.dcollection.net/handler/ajou/000000016952
  • 본문언어 영어
  • 저작권 아주대학교 논문은 저작권에 의해 보호받습니다.

초록/요약

ABSTRACT This paper represents the importance of the Garments Industry in economic development of Bangladesh. Bangladesh is a member of Least Developed Countries (LDC) with a very large population and limited natural resources. As a result a large portion of population is unemployed or underemployed. To improve this situation the sustainable development of this sector is very much essential. Bangladesh is trying to become a middle income country within 2021 which is very well known as a vision twenty one. To fulfill the vision twenty one, this industry can play a very vital rule. This industry enhances the economic growth and reduces poverty. The Garments Industry, therefore, is a vital industry for Bangladesh to exploit benefits by developing this sector. However, while there are benefits, there are challenges. The daunting task for the government as well as privet sector to nourish the industry, so that this sector can meet the future challenges properly. With the evidence of time series graphs, the effects of international trade on Bangladesh are positive regarding GDP growth rate, GDP per capita, imports and exports, poverty reduction, foreign direct investment (FDI) and so on. This research uses South Korea as a model for Bangladesh to discover the policies implemented by South Korean government to develop its infrastructure and technology and adopt more or less similar policies in Bangladesh Garments industry. In conclusion, I try to show which has happened until now and what will happen in the future if Bangladesh has done successfully some necessary reforms.

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Table of Contents
ABSTRACT i
ACKNOWLEDGEMENT ii
LIST OF FIGURES v
LIST OF TABLES vi
LIST OF ABBREVIATIONS vii
Chapter 1 : Introduction 1
1.1 Introduction 1
1.2.1 Comparative Advantages 6
1.2.2 Specific Advantages of Knitwear Sector of Bangladesh 6
1.3 Purpose of the study 10
1.3.1 Research question: 11
1.4 Methodology 11
Chapter 2: Literature review 12
2.1 Literature Review 12
2.1.1 Catch-up 13
2.1.2Product life-cycle theory 14
Chapter 3: Growth of the Garments & Other Industries 15
3.1 Rapid Growth of the Garments Industry in Bangladesh 15
3.1.1Technology transfers from abroad 15
3.1.2 Proliferation process 15
3.1.3Intermediaries 16
3.1.4 Government Support 16
3.1.5 Industry shifted 16
3.1.6 Abolishment of MFA 16
3.1.7 Emphasis on quick delivery 17
3.1.8 Comply codes of conduct 17
3.1.9 Low wages 18
3.1.10 Continuous learning from abroad and active investment 18
3.1.11 Highly educated entrepreneurs in Bangladesh 19
3.1.12 Political Stability 19
3.2 Overview of Major Others Industry in Bangladesh 20
3.2.1 Bangladesh Telecoms 20
3.2.2 Pharmaceutical Sector in Bangladesh 20
3.2.3 Export and Import 21
3.2.4 Ceramic Industry in Bangladesh 21
3.2.5 Leather Industry 22
3.2.6 Status of booking for new shipbuilding in Bangladesh 22
3.2.7 Jute Manufacturing Sector of Bangladesh 23
3.2.8 Tea Industry 24
3.2.9 Light Engineering Industry in Bangladesh 24
3.2.10 Bangladesh Economic Update Volume 4, No. 2, February 2013 30
3.3 GDP - composition, by sector of origin 31
GDP- composition by sector of origin (2013 est.) 31
Chapter 4: The economic trend of South Korea & Bangladesh for catch up the developed world. 32
4.1 The Development of Major Industries in Korea 32
4.2 The economic trend of South Korea, for catch up the developed world 33
4.3 The economic trend of Bangladesh, for catch up the developed world. 35
Figure 14:Industry - value added (% of GDP) in Bangladesh 35
4.3.1 Trend of Garments Industry 37
4.3.2 Telecom Industry 39
4.3.3 Pharmaceutical 39
4.3.4 Ceramic industry 40
4.3.5 Leather Industry 40
4.3.6 Shipbuilding Industry 40
4.3.7 Light Engineering Industry 41
4.4 The similarities & dissimilarities between South Korea and Bangladesh in development of textile industry 42
Chapter 5: Conclusion 49
References 52
APPENDIXES 55
Appendix 1:Bangladesh Standard Industrial Classification(BSIC-2009) 55
Appendix 2 :Detailed structure of Section C:Manufacturing 56


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