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The Global Apparel Value Chain, Trade and the Crisis : Challenges and Opportunities for Developing Countries / Gereffi, Gary
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Gereffi, Gary
- Series:
- Policy research working papers.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Access to Markets.
- Brand.
- Domestic market.
- Domestic markets.
- Economic Theory & Research.
- Emerging markets.
- Export markets.
- Finished product.
- Free Trade.
- International Economics and Trade.
- International trade.
- Labor Policies.
- Macroeconomics and Economic Growth.
- Market share.
- Marketing.
- Markets and Market Access.
- Purchasing.
- Retail.
- Sale.
- Sales.
- Social Protections and Labor.
- Spread.
- Substitution.
- Substitution effect.
- Supplier.
- Suppliers.
- Supply chain.
- Supply chains.
- Local Subjects:
- Access to Markets.
- Brand.
- Domestic market.
- Domestic markets.
- Economic Theory & Research.
- Emerging markets.
- Export markets.
- Finished product.
- Free Trade.
- International Economics and Trade.
- International trade.
- Labor Policies.
- Macroeconomics and Economic Growth.
- Market share.
- Marketing.
- Markets and Market Access.
- Purchasing.
- Retail.
- Sale.
- Sales.
- Social Protections and Labor.
- Spread.
- Substitution.
- Substitution effect.
- Supplier.
- Suppliers.
- Supply chain.
- Supply chains.
- Physical Description:
- 1 online resource (42 pages)
- Other Title:
- Global Apparel Value Chain, Trade And The Crisis
- Place of Publication:
- Washington, D.C., The World Bank, 2010
- System Details:
- data file
- Summary:
- This paper examines the impact of two crises on the global apparel value chain: the World Trade Organization phase-out of the quota system for textiles and apparel in 2005, which provided access for many poor and small export-oriented economies to the markets of industrialized countries, and the current economic recession that has lowered demand for apparel exports and led to massive unemployment across the industry's supply chain. An overarching trend has been the process of global consolidation, whereby leading apparel suppliers (countries and firms alike) have strengthened their positions in the industry. On the country side, China has been the big winner, although Bangladesh, India, and Vietnam have also continued to expand their roles in the industry. On the firm side, the quota phase-out and economic recession have accelerated the ongoing shift to more streamlined global supply chains, in which lead firms desire to work with fewer, larger, and more capable suppliers that are strategically located around the world. The paper concludes with recommendations for how developing countries as well as textile and apparel suppliers can adjust to the crisis.
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