In Bangladesh: The price paid by lead firms to garment manufacturers has DECLINED by 13%. Manufacturers' profit margins decreased by 13% (2011-16). This obvs limits scope to raise wages & invest in better buildings http://www.sacw.net/article13694.html … - Professor Mark Anner @LERatPSU
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i.e. How do BG specific factors e.g. BGMEA closed shop in manufacturing, & role in politics, barriers to inward investment & consolidation, financial sector, undercapitalised factories, infrastructure gaps, role of corruption in building inspection etc...interact w intl dynamics?
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Hi Maya, Right, Rana Plaza problems are caused by both domestic and international factors. The above thread focuses on buyers' practices, as it summarises Mark Anner's paper. But my own current research looks at exactly the domestic pol-econ causes you identify.
End of conversation
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Could it be the usual one that safety is rarely free, and that retailers demand very quick turnaround times to meet market changes, eg unexpected demand for certain styles or garments?
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