Journal ArticleOpen Access
Readymade Garments Exports from Bangladesh: Challenges and Possible Way-Out
Author Affiliations
Department of Administration, University of Dhaka
Published InInternational Journal of Business and Management
Year2022
Citations9
Abstract
Bangladesh's readymade garments (RMG) export has faced tremendous competition from several countries in the last few years. The challenge has been increased further due to the Covid-19 pandemic. Covid -19 poses a substantial threat to Bangladesh's garment sector. The survival of RMG exports is vital for the consistent economic growth of Bangladesh. This paper aims to identify the future challenges of RMG exports from Bangladesh and feasible solutions to unravel the problems. The study is descriptive and based on secondary data. Secondary information is gathered from different books, websites, articles, and newspapers. Previous studies show that the RMG sector has experienced numerous challenges, including inadequate infrastructure, political instability, excessive interest rates on bank loans, fire disasters, a scarcity of raw…
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Fields & Keywords
Social SciencesBusiness, Management and AccountingBusiness and International ManagementE-commerce and Technology InnovationsGlobal Trade and CompetitivenessEconomic and Technological InnovationEconomic growthDevelopment economicsFinanceMarket economyEcologyMechanical engineeringLawMonetary economics