Impact of Garment Industries on the Economy of Bangladesh

The Impact of garments industries on the economy of Bangladesh: Introduction: Bangladesh is currently unity of the 12 largest exporters of garments products in U.S.A and U.K. In spite of this, the real shoes does non come in front of the world. That is they argon not becoming influenced homogeneous before any more. We can implement this by the price level of our garments products in the world market. The beat we are exporting is huge but at a very low price. In the statistics the impact may be huge but the condition of Bangladesh is not improving at that satisfactory level. In the term paper we will movement to define the cause why the real situation is like this. It is necessary because the sector is very promising in the milieu of bbangladesh. Purpose and Scope: Bangladesh has a great comparative wages in garments products that is low labor cost. Because of this advantage Bangladesh can micturate products more easily than other countries. But labor is loud here because people who are think to this sector are from very poor background. Most of them are unskilled, uneducated. But if more or less steps are taken to improve the quality of labor, the graceful benefit of this comparative advantage can come out.

The decide of our term paper is to overcome this line of work and other related problems like cost of raw materials, Insufficiency of loan in time, uncertainly of electricity, delay in getting materials, lack of communication, problem in taxes etc. But in spite of these problems this can be the most profitable sector of Bangladesh if we try to take slightly steps as follows: Production of sufficient raw materials in the country. Imparting training to make skilled workers. Reduction of bathing tub and taxes assurance of safety, salary and other facilities of the workers More advanced of EPZ suitable advantage of water houses Removal of export problems etc. Literature revue: Bangladesh is a one-third world country. As other third world... If you want to get a full essay, order it on our website: Orderessay

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