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As the success of East Asian countries has shown, labor-intensive industry is recognized to lead economic growth in the early stages of development, utilizing relatively low labor costs. This same growth process has already started in South and South East Asian LDCs since the mid-1990s. However,...
Persistent link: https://www.econbiz.de/10005744777
The export-oriented garment industry in Madagascar has displayed robust growth, thus both contributing to the economy …-level adverse impacts are much less than those on export value at the industry level because of the maintained duty-free access to …
Persistent link: https://www.econbiz.de/10011134419