The Implementation Of Neoliberal Policies

1334 Words Mar 30th, 2015 6 Pages
For investors in clothing retailers and manufacturers, the expiration of the MFA means good times ahead. Thirty million textile workers, on the other hand, have just been shoved off the cliff. The institutions that regulate global trade, the powerful nations that dominate them, and the corporations whose interests they promote are committed to reshaping global trade rules along neoliberal lines, even if the changes cause upheaval for tens of millions of workers worldwide. There 's nothing inherently wrong with clothes being manufactured in China or India rather than in Mauritius or Bangladesh. But there is something wrong with a global trade regime that pushes millions of poor workers into one sector then, with little ado, kicks them out of it. http://www.dollarsandsense.org/archives/2005/0905yearman.html

MFA
The implementation of neoliberal policies have greatly affected the way most industries are regulated, and has had a profound impact on the garment and textile industry in developing countries. The Apparel and textile industry is widely regarded as the starter industry for periphery countries. The textile and clothing industry are usually referred to as one entity but a comprehensive understanding of the textile and clothing industrial process requires knowledge of the intricate and varying steps in the clothing supply chain. These steps require different technology, skills, and access to resources. The Textile and apparel industry can be viewed in four stages: Stage…
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