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.