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Global Governance, neoliberalism and national responses: The case of Bangladesh’s ready‐made garment (RMG) sector

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  • Mohammed Adil Khan
  • Grace Milne

Abstract

This article on the ready‐made garment (RMG) sector of Bangladesh shows how over‐reliance on foreign capital for development financing and deregulated investment—a hallmark of neoliberal economic arrangements—undermines the incorporation of SDGs’ and INGOs’ equity principles, contributing to biased policy responses yielding unequal outcomes. The article cautions that while countries prioritize economic growth over social and environmental nourishment and continue to adopt neoliberal economic policies to promote economic growth, inequity is unavoidable, if not inevitable. Thus, the way forward may be to shift the focus of ‘development’ from the economy to society, to building ‘good societies’ where institutions and strategies, including those that contribute to economic growth, are organized such that these complement not compromise the evolution of such societies.

Suggested Citation

  • Mohammed Adil Khan & Grace Milne, 2019. "Global Governance, neoliberalism and national responses: The case of Bangladesh’s ready‐made garment (RMG) sector," Development Policy Review, Overseas Development Institute, vol. 37(S2), pages 230-247, July.
    • Handle: RePEc:bla:devpol:v:37:y:2019:i:s2:p:o230-o247
    DOI: 10.1111/dpr.12383
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    Cited by:

    1. Redwanur Rahman & Saleh Shahriar & Sokvibol Kea, 2019. "Determinants of Exports: A Gravity Model Analysis of the Bangladeshi Textile and Clothing Industries," FIIB Business Review, , vol. 8(3), pages 229-244, September.
    2. Fabian Telch & Susan Appe, 2022. "How can countries improve human development? Four distinct national planning strategies and the challenges for human development ahead," Development Policy Review, Overseas Development Institute, vol. 40(2), March.

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