In: Economics
Hi Can you please answer this following question with Harvard referencing and no plagiarism and also reference list. Thanks you very much for answering in the best way.
What can companies do to ensure that their clothing suppliers are operating ethically and in accordance with international standards in developing countries? (400 words – Maximum)
subject ( international and global business)
China, Bangladesh and India are
four of the largest garment exports in the world. Countries have a
well developed garments industry, each has a unique business
climate that may be more less suitable for your manufacturers need.
China top textile producing countries exporting country in the
world Geneva the geographic distribution of production in the
textile,clothing and footwear industry in the past 25 year
resulting in sizable employment losses in Europe and North America
and important gains in Asia and other parts of developing the world
international labour office in a new report production from the
formal and informal sector in many countries with generally
negative consequences on wage levels and conditions of work. At
present more than 60 percent of world clothing exports are
manufactured in developing countries Asia is the major world
supplies today producing more than 32 percent of the world clothing
exports. This emergence as the major world supplier has occurred in
3 successive waves of production during the first wave of
production, republic of Korea Singapore the territory of Hong Kong
and Taiwan achevied excellent results within their own borders but
than began to cut down production and investment heavily least cost
countries. On the America continent NAFTA has made Mexico a
privileged supplier of clothing to Canada and the US the leading
purchaser of cloths importing 24 per of world supply. In central
and eastern Europe Bulgaria important suppliers to the European
market. Each country has tended to specialization.