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Textiles Sector of Pakistan: The Challenge Beyond 2004

Author

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  • Naheed Zia Khan

    (Islamia University, Bahawalpur.)

Abstract

The world is presently looking forward to embrace the greatest moment of modern history of humankind, turn of the millennium. For Pakistan, however, the millennium celebrations are going to be accompanied by over half a century of missed opportunities and a serious challenge ahead. The focus of this study is Pakistan’s status as a ‘single commodity’ country and the life after 2004 in a post- Multifibre Arrangement (MFA) era. This work intends to use the hindsight to argue that MFA, a cat’s cradle of bilateral textile import quotas, was a blessing in disguise for the value added textiles sector of Pakistan. And the difficulties beyond 2004, when all the quotas have gone, should not be underestimated in a bipolar (NAFTA and the EU) and deregulated world economy . The analysis is carried out in four parts. Part I highlights the economic significance of Pakistan’s textiles industry by briefly analysing its contribution to different sectors of her economy. Part II presents the past, present and future scenario of international trade in Textiles and Clothing (T&C). The present situation of Pakistan’s textiles industry along with its foreign exchange generating performance in the past is assessed in Part III. Finally, Part IV analyses the prospects and challenges faced by the T&C sector of Pakistan.

Suggested Citation

  • Naheed Zia Khan, 1998. "Textiles Sector of Pakistan: The Challenge Beyond 2004," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 37(4), pages 595-619.
    • Handle: RePEc:pid:journl:v:37:y:1998:i:4:p:595-619
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    References listed on IDEAS

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    1. Raymond Vernon, 1966. "International Investment and International Trade in the Product Cycle," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 80(2), pages 190-207.
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    Cited by:

    1. Matthew McCartney, 2014. "The Political Economy of Industrial Policy: A Comparative Study of the Textiles Industry in Pakistan," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 19(Special E), pages 105-134, September.

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