Effects of WTO on the Textile Industry on Developing Countries
The current investigates the Effects of WTO on the Textile Industry on Developing Countries. Data were collected from various secondary sources and data is analyzed by using SPSS-20 version statistical software. It was revealed that WTO more industrialized countries consented to export fewer texti...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
Romanian National Institute of Statistics
2013-07-01
|
Series: | Revista Română de Statistică |
Subjects: | |
Online Access: | http://www.revistadestatistica.ro/wp-content/uploads/2014/02/rrs_06_2013_a5en.pdf |
_version_ | 1819240995155345408 |
---|---|
author | Syed Abdul Sattar Shah Anwar Ali Shah G. Syed Faiz M. Shaikh |
author_facet | Syed Abdul Sattar Shah Anwar Ali Shah G. Syed Faiz M. Shaikh |
author_sort | Syed Abdul Sattar Shah |
collection | DOAJ |
description | The current investigates the Effects of WTO on the Textile Industry on Developing Countries. Data were collected from various secondary sources and data is analyzed by using SPSS-20 version statistical software. It was revealed that WTO more industrialized countries consented to export fewer textiles while less industrialized countries enjoyed increased quotas for exporting their textiles. Bangladesh was expected to suffer the most from the ending of the MFA because it was expected to face more competition, particularly from China, it has tried to maintain its competitiveness in the post-quota era. It was further revealed that It has also been examined that all over the world textile industries are facing high inflation which is the hottest issue due to which the cost of doing business is going higher and higher day by day. The Chinese, Indian, Sri Lankan and Bangladeshi textile manufacturers are also out of those affected ones whose major issues are associated with increased cost of production. China’s dominance of the global garments trade has also been affected due to the rise in the costs of material, labour, energy, environmental protection and high interest rate. Furthermore, the environmental standard is also a barrier to many Chinese enterprises; even most of the Chinese enterprises have inputted environmental Standard. |
first_indexed | 2024-12-23T14:16:52Z |
format | Article |
id | doaj.art-25d57a8d0b7142f6ba3d0de24bd79222 |
institution | Directory Open Access Journal |
issn | 1018-046X 1844-7694 |
language | English |
last_indexed | 2024-12-23T14:16:52Z |
publishDate | 2013-07-01 |
publisher | Romanian National Institute of Statistics |
record_format | Article |
series | Revista Română de Statistică |
spelling | doaj.art-25d57a8d0b7142f6ba3d0de24bd792222022-12-21T17:43:53ZengRomanian National Institute of StatisticsRevista Română de Statistică1018-046X1844-76942013-07-016166077Effects of WTO on the Textile Industry on Developing CountriesSyed Abdul Sattar Shah0Anwar Ali Shah G. Syed1 Faiz M. Shaikh2University of Sindh-JamshoroUniversity of Sindh-JamshoroSZABAC-Dokri-Larkana –SindhThe current investigates the Effects of WTO on the Textile Industry on Developing Countries. Data were collected from various secondary sources and data is analyzed by using SPSS-20 version statistical software. It was revealed that WTO more industrialized countries consented to export fewer textiles while less industrialized countries enjoyed increased quotas for exporting their textiles. Bangladesh was expected to suffer the most from the ending of the MFA because it was expected to face more competition, particularly from China, it has tried to maintain its competitiveness in the post-quota era. It was further revealed that It has also been examined that all over the world textile industries are facing high inflation which is the hottest issue due to which the cost of doing business is going higher and higher day by day. The Chinese, Indian, Sri Lankan and Bangladeshi textile manufacturers are also out of those affected ones whose major issues are associated with increased cost of production. China’s dominance of the global garments trade has also been affected due to the rise in the costs of material, labour, energy, environmental protection and high interest rate. Furthermore, the environmental standard is also a barrier to many Chinese enterprises; even most of the Chinese enterprises have inputted environmental Standard.http://www.revistadestatistica.ro/wp-content/uploads/2014/02/rrs_06_2013_a5en.pdfDeveloping CountriesTextile IndustryWTO |
spellingShingle | Syed Abdul Sattar Shah Anwar Ali Shah G. Syed Faiz M. Shaikh Effects of WTO on the Textile Industry on Developing Countries Revista Română de Statistică Developing Countries Textile Industry WTO |
title | Effects of WTO on the Textile Industry on Developing Countries |
title_full | Effects of WTO on the Textile Industry on Developing Countries |
title_fullStr | Effects of WTO on the Textile Industry on Developing Countries |
title_full_unstemmed | Effects of WTO on the Textile Industry on Developing Countries |
title_short | Effects of WTO on the Textile Industry on Developing Countries |
title_sort | effects of wto on the textile industry on developing countries |
topic | Developing Countries Textile Industry WTO |
url | http://www.revistadestatistica.ro/wp-content/uploads/2014/02/rrs_06_2013_a5en.pdf |
work_keys_str_mv | AT syedabdulsattarshah effectsofwtoonthetextileindustryondevelopingcountries AT anwaralishahgsyed effectsofwtoonthetextileindustryondevelopingcountries AT faizmshaikh effectsofwtoonthetextileindustryondevelopingcountries |