Trade and poverty allevation: The case of Bangladesh apparel sector
Least developed countries beset with poverty are liberalizing trade policies with growth objectives. Trade contributions to economic growth are established, but impacts of liberalized trade policies on poverty have not been fully assessed. The impacts can be assessed at the micro-level through ident...
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10361-4822019-09-29T05:45:42Z Trade and poverty allevation: The case of Bangladesh apparel sector Hoque, Anwarul Chowdhury, Tanzir A. Trade Poverty Apparel Garment Bangladesh Least developed countries beset with poverty are liberalizing trade policies with growth objectives. Trade contributions to economic growth are established, but impacts of liberalized trade policies on poverty have not been fully assessed. The impacts can be assessed at the micro-level through identifying the linkages between trade and poverty alleviation. In this paper the export-oriented Bangladesh apparel sector, the phenomenal growth of which came about through unilateral liberalized trade policies and quota-driven market access to developed countries under multilateral Multi Fiber Arrangement, has been studied as a case to observe if it contributed to poverty alleviation. The study revealed that the apparel sector has been very effective in reducing poverty by creating income-earning employment for unskilled workers, particularly women. However, the demise of the Multi Fiber Arrangement next year will severely affect the apparel sector’s ability for poverty reduction unless protection to employment and income of the garment workers is assured through market access by the developed countries. 2010-10-13T03:46:47Z 2010-10-13T03:46:47Z 2004 Article http://hdl.handle.net/10361/482 en BRAC University Journal, BRAC University;Vol.1, No.1,pp. 1-11 application/pdf BRAC University |
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Brac University |
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Institutional Repository |
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English |
topic |
Trade Poverty Apparel Garment Bangladesh |
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Trade Poverty Apparel Garment Bangladesh Hoque, Anwarul Chowdhury, Tanzir A. Trade and poverty allevation: The case of Bangladesh apparel sector |
description |
Least developed countries beset with poverty are liberalizing trade policies with growth objectives. Trade contributions to economic growth are established, but impacts of liberalized trade policies on poverty have not been fully assessed. The impacts can be assessed at the micro-level through identifying the linkages between trade and poverty alleviation. In this paper the export-oriented Bangladesh apparel sector, the phenomenal growth of which came about through unilateral liberalized trade policies and quota-driven market access to developed countries under multilateral Multi Fiber Arrangement, has been studied as a case to observe if it contributed to poverty alleviation. The study revealed that the apparel sector has been very effective in reducing poverty by creating income-earning employment for unskilled workers, particularly women. However, the demise of the Multi Fiber Arrangement next year will severely affect the apparel sector’s ability for poverty reduction unless protection to employment and income of the garment workers is assured through market access by the developed countries. |
format |
Article |
author |
Hoque, Anwarul Chowdhury, Tanzir A. |
author_facet |
Hoque, Anwarul Chowdhury, Tanzir A. |
author_sort |
Hoque, Anwarul |
title |
Trade and poverty allevation: The case of Bangladesh apparel sector |
title_short |
Trade and poverty allevation: The case of Bangladesh apparel sector |
title_full |
Trade and poverty allevation: The case of Bangladesh apparel sector |
title_fullStr |
Trade and poverty allevation: The case of Bangladesh apparel sector |
title_full_unstemmed |
Trade and poverty allevation: The case of Bangladesh apparel sector |
title_sort |
trade and poverty allevation: the case of bangladesh apparel sector |
publisher |
BRAC University |
publishDate |
2010 |
url |
http://hdl.handle.net/10361/482 |
work_keys_str_mv |
AT hoqueanwarul tradeandpovertyallevationthecaseofbangladeshapparelsector AT chowdhurytanzira tradeandpovertyallevationthecaseofbangladeshapparelsector |
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1814308930499641344 |