2019
DOI: 10.1111/dpr.12383
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Global Governance, neoliberalism and national responses: The case of Bangladesh’s ready‐made garment (RMG) sector

Abstract: This article on the ready-made garment (RMG) sector of Bangladesh shows how over-reliance on foreign capital for development financing and deregulated investment-a hallmark of neoliberal economic arrangements-undermines

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Cited by 10 publications
(8 citation statements)
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“…Islam, Khan, and Islam (2013) wrote a paper on textile industries in Bangladesh and identified the key challenges including hike in electricity tariff, the increase in interest rate, energy crisis, devaluation of Bangladeshi taka, increasing cost of inputs, political instability, removal of subsidy and internal dispute. Some of them talked about the global governance, neoliberalism and national responses: The case of Bangladesh’s RMG sector is explained by Khan and Milne (2018). Some of them wrote on the service sector of the textile industry, for instance, Islam, Mahmud, Faruk, and Billah (2011).…”
Section: Literature Reviewmentioning
confidence: 99%
See 1 more Smart Citation
“…Islam, Khan, and Islam (2013) wrote a paper on textile industries in Bangladesh and identified the key challenges including hike in electricity tariff, the increase in interest rate, energy crisis, devaluation of Bangladeshi taka, increasing cost of inputs, political instability, removal of subsidy and internal dispute. Some of them talked about the global governance, neoliberalism and national responses: The case of Bangladesh’s RMG sector is explained by Khan and Milne (2018). Some of them wrote on the service sector of the textile industry, for instance, Islam, Mahmud, Faruk, and Billah (2011).…”
Section: Literature Reviewmentioning
confidence: 99%
“…At present, the Bangladesh economy is largely dependent on the garment sector, earning 75 per cent to 78 per cent of foreign currency from this sector (Bala et al, 2019). The RMG sector is a US$25 billion industry, accounting for about 80 per cent of Bangladesh’s total export earnings (Khan & Milne, 2019). Since 2012, Bangladesh is the most successful generalized system of preferences (GSPs) exporter in the T&C sector (Ritzel, Kohler, Mann, & Beciu, 2018).…”
Section: Introductionmentioning
confidence: 99%
“…This finding runs through all types of categories and applies for both OECD and non-OECD countries. As for the Global South, for instance, one study found that the government of Bangladesh has failed to incorporate the Sustainable Development Goals that relate to equity and social justice at the policy level and that ruling political elites promoted their own self-interest, ignoring the Sustainable Development Goals in the case of the ready-made garment industry (Khan and Milne 2019). This situation, the authors argue, was the result of the non-binding character of the Sustainable Development Goals and the lack of national and international compliance arrangements.…”
Section: Steering Effects In National Governmentsmentioning
confidence: 99%
“…Regarding economic facilities, economies have been challenged by the decrease of national governments’ control and the increased influence of outside players—such as multilateral agencies, foreign banks, and foreign superpowers—and inside players such as civil society organizations (Paus, 2009; van Wolferen, 2003). Globalization has increased trade and economic growth globally, but the “rising tide” has for the most part enriched fewer at the expense of the many, widening the gaps between less integrated areas to globalized markets, rich and poor people, and urban and rural areas, among others (Farrington & Robinson, 2006; Kagia, 2002; Khan & Milne, 2019; Killick, 2001).…”
Section: Human Developmentmentioning
confidence: 99%