Prospects and Problems of Readymade Garments (RMG) Sector in Bangladesh

The paper analyzes the processes by which global trading rules, strong management and modern technique came to help out a poor country like Bangladesh. It demonstrates the impact of the rule changes on the garments sector, and the response of the sector to multiple challenges and obstacles which typically arise in this arena. It also discusses what steps Bangladesh should take in order to deal with the full liberalization of international garments trade, which occurred in January 2005 and which could potentially threaten the country's growth prospects. Finally, it details some of the recent developments that have occurred since liberalization took effect. And it also need put into concentration about welfare of the workers engaged in this large sector.