Overview of the Cambodian Economy and Garment sector
Since the end of civil war and the transition from a socialist regime to democracy regime, and also after it had been shifting from a command and control economy to the free market in the late 1980s, the economic situation of Cambodia began to improve, resulting in increased demand for goods and services in the country and also more attracting inward of foreign direct investment (FDI) in Cambodia during the past two decades. From the report of WORLD BANK (2017), by the last two decades, economy of Cambodia’s GDP growth has grown at an average rate of 7 percent, which driven by garment industry, construction, agriculture, and tourism. In the past, Cambodia was known as the country with an
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It started to export garments in the mid-1990s, but after quota restriction of the Multilateral Agreement (MFA) was removed in 2005, it cause the country face the increased competition in the global market ("Enhancing Export Competitiveness the Key to Cambodia’s Future Economic Success", 2016). This sector is based on low wages, more labor and a liberal trade and investment regime which causes this intensive industry has grown in Cambodia and has become a major source of foreign investors. Mostly, Investors also brought technology and supervisory personnel from overseas to help solve Cambodia's disadvantages such as in infrastructure and human capital. Unlike other country, Cambodia started garment industry because the inflow of Foreign Direct Investment (FDI) which cause the garment sector are insufficient in the domestic supply chain and supporting industries like textile industry. These insufficient causes the industry need to import raw materials, fabric and other inputs from another country instead mainly from China, Hong Kong ("Enhancing Export Competitiveness The Key to Cambodia’s Future Economic Success", 2016). The private sector also helps in promoting the sector by discussions and consultations with the private. As a result, the garment industry continued to grow, with production levels of
The textile factories were an unsafe and unheathly place for working class families to work. These factories were unsafe for children to work because the factories would over work the children,give them a insuffient diet and the factories were filled with diseases. For example a testimony from Joesph Hebergram to the Sadler committee he said; ‘i have damged lunges. my lgs muscles do not function properly and will not support the weight of my bones... the doctor told me that it was caused by dust in the factory,from being over worked and a insufficient diet.
In 2015, the GDP was $1.6 trillion, with 2.5% growth. GDP per capita was $44,843. Unemployment was 6.9%. Inflation (CPI) was 1.9%. FDI inflow was $53.9 billion.
Part I. Apply the Un Universal Intellectual Standards: In the article “Sweatshirts from Sweatshops” pertaining Cromwell College sweatshirts, the information collects from Cromwell Clarion. The first violation of the Universal Intellectual standards is the accuracy. For example, “WorldWeave observers noticed some children who appeared to be as young as eleven or twelve working with dangerous fabric-cutting machine”, and how could this information find out the age of the children by just looking at them? Is this even possible?
Usually, in a healthy relationship, partners don't objectify one another and treat each other as objects instead of human beings which is why Luo’s and the Seamstress’s relationship in the book Little Chinese Seamstress by Dai Sigie is interesting. From pages 149-152, Luo and the Seamstress are swimming near a waterfall, and Luo has decided to throw his key in the water that belonged to his home. The Seamstress dives in after the key, while Luo keeps throwing it back in the water. In this passage, even though the Seamstress cares for Luo, Luo’s minimization of her ability and sexualization of her shows his lack of respect which is a factor in an unhealthy relationship.
On a warm day in New York City in 1911, tragedy struck. It was an incident that would be written up in newspapers across the country; a horrendous incident that would change legislature, labor laws and hundreds of lives forever. This dreadful event left nearly 150 girls and women dead, and became one of the most murderous fires in the history of New York City. The day was March 26, 1911, and the fire at the Triangle Shirtwaist Factory was an historic one.
The Industrial Revolution brought many changes to the lifestyle and way work was completed for citizens of Britain between 1750 and 1900. Machines that provided effective, cheap and fast production of goods began to replace the jobs once held by people. This development effected many groups of workers, but especially those in the textile industry. The introduction of machinery had a significant impact on the lives of these industrial workers due to the low and high demand for goods, unfair wages and unhealthy and dangerous working conditions it inaugurated. The lives of industrial textile workers were significantly impacted by the Industrial Revolution.
I think that English textile factories were bad for the health of the working class families because in Documents A and C it says that Children were getting hurt constantly, were beaten, over worked, and never had time to eat In document C, John Barley was abused and when someone came to interview them, they had to lie about their treatment , he also worked long hours and their breakfast was very little. When Birley was abused, his boss thought he was dead. When he went to go hit Birley, he quickly put his arm up to protect his head and his boss hit him with all his might. John had A broken elbow and marks. He said “ I bear the marks, and suffer pain from it to this day, and always shall as long as I live…” They also never got fed properly
Due to their huge success, control over suppliers can be always be maintained by the company. Rivalry among the competitors is the force to reckon with and it is the one that will decide the future profitability of the fashion industry. Competition in fashion is very high since there are only a handful of competitors when looking at the giants. Future Industry evolution Scenario 1 The future of today’s world is technology.
Manufacturing also provides relatively broader opportunities for intensification and capital accumulation. The manufacturing sector drives technological innovation and growth, whether that's chemical processing or mechanization. As a result, improvements in manufacturing often influence countless other industries, companies, and individuals farther
HOW INDUSTRY ADJUSTS TO COMPETITIVE SHOCKS.. ' Journal of Business Strategy (2), pp.37 20. Wong, Y.Y and Chan, P.S (1993) 'The Global Textile and Apparel Industries: US Protectionism and the Strategic Responses of Asian Competitors. ' INTERNATIONAL JOURNAL OF
The subject of sweatshop and child labor is one of great controversy. The first thought to mind when speaking of sweatshops is probably a vision of sketchy factories in far off Third World countries such as Bangladesh or China working their employees 15+ hours a day in cramped up in a dust-filled space for little wages. Not in America though, right? Most Americans would be horribly upset if they found out they had been unknowingly supporting a business that uses sweatshops to produce its merchandise. Odds are though, businesses that exploit such labor are being supported in every shopping trip a person takes whether it be shopping for groceries, clothes, jewelry, or athletic gear.
It’s estimated that over 168 million people work in sweatshops making products for the consumer but at astonishing low prices who could complain? Working conditions, despite being subpar, are designed to be efficient and inexpensive to run. In such an efficient system products are able to be mass produced supplying the world market with garments at low prices. Most workers do not make more than a few dollars a day but are able to support themselves. Sweatshops are integral to the economies and well being of workers in underdeveloped regions.
Because the EU textile and clothing industry is a leader in the world market, and its product is required all over the world, the European Union work to ensure a level playing field and inaugurated free trade agreement in the EU-28 through the application of the world trade organization agreement (WTO). This achievement has a dramatic positive impact on the sector to the extent that the sector is consistently experiencing 13% increase rate in its export and 4% increase in the import rate for past few years. Moreover, there have also been a constant increase of trade flow all over the world (European commission
GNH according to Adelman, 1989 is a “multi-dimensional development approach that seeks to achieve a harmonious balance between material well-being and the spiritual, emotional and cultural needs of our society.” GNHC (Gross National Happiness Commission) is the Central Planning agency of the Government that identifies and recommends priorities, allocation of resources, setting of targets, and co-ordinates, monitors and evaluates policies and programs. The Commission is responsible for operationalizing GNH by mainstreaming its elements into our plans and programs. (Gross National Happiness. Retrieved from http://www.grossnationalhappiness.com/)
Evaluate the positive and negative of globalization on Vietnam Today, there are increasing international brands set their factories in Vietnam such as Columbia Sportswear, L.L.Bean and Nike(DangThu,2011). It is not a secret that globalization is increasing substantially and creating new opportunities for Vietnam. As Wild and Han said, ‘Globalization trend toward greater economic, culture, political, and technological interdependence among national institutions and economic. ’(Wild&Han, 2006:6) However, globalization not only took benefits to Vietnam.