Backward Linkage in Bangladesh
Introduction Bangladesh’s garment manufacturing industry stands as a true economic powerhouse. It’s the second-largest apparel exporter globally, boasting a staggering $84 billion in exports for 2023 (BTMA, 2024). This remarkable achievement can be attributed to a combination of factors, but one often-overlooked element is the crucial role of backward linkages. Imagine the garment industry as […]
Backward Linkage in Vietnam
Introduction Vietnam’s garment industry has undergone a remarkable transformation in recent decades, emerging as a global powerhouse. Driven by factors like low labor costs and strategic free trade agreements (FTAs) (Vietnam Briefing, 2023), Vietnam has become a garment export leader. The sector boasts a workforce exceeding 3 million and contributes significantly to the national economy. […]