Search the World's Largest Database of Information Science & Technology Terms & Definitions
InfInfoScipedia LogoScipedia
A Free Service of IGI Global Publishing House
Below please find a list of definitions for the term that
you selected from multiple scholarly research resources.

What is RMG

Chapter 23
Handbook of Research on Global Indicators of Economic and Political Convergence
It is expanded to Ready–Made Garments. The economy of Bangladesh is largely dependent on agriculture. However the RMG sector has emerged as the biggest earner of foreign currency. The RMG sector has experienced an exponential growth since the 1980s. The sector contributes significantly to the GDP.
Published in Chapter:
Effects of Neoliberal Globalization on Readymade Garment Industry of Bangladesh: A Case Study for Chittagong
Tasneem Akhter (GIFT University, Pakistan) and Arpita Palit (Asian University for Women, Bangladesh)
Copyright: © 2016 |Pages: 20
DOI: 10.4018/978-1-5225-0215-9.ch023
Abstract
Philosophy of neoliberal globalization is emerging from last two decades and dominating the economic policy making in most of the world economies. It is strongly advocated in UK and the USA; however, substantial resistance has limited its influence for rest of the world. For this study, the researcher used the descriptive case studies methodology to test the effectiveness of this philosophy of globalization for readymade garment sectors in Bangladesh after the setback of Rana Plaza incident. As a result, it is proved with the help of data collected from RMG workers that it is still ineffective because policies are malfunctioned. The neoliberal globalization policies adopted by the government are creating divergence and disparity among the workers and investors of the RMG Sector in a serious way.
Full Text Chapter Download: US $37.50 Add to Cart
eContent Pro Discount Banner
InfoSci OnDemandECP Editorial ServicesAGOSR