Welcome to Applied Macroeconomic Centre

A theory is appropriate as long as it fits into the fact; when a theory doesn't fit in the fact, it's wise to walk with the fact.

Thursday, December 13, 2012

American Tariffs, Bangladeshi Deaths!

Sanchita B Saxenaassociate director of the Center for South Asia Studies at the University of California, Berkeley, writes on the link between tariffs imposed by US government on Bangladeshi RMG products and the final prices of those goods in the US market and tries to argue that low tariffs on imports from Bangladesh could play an encouraging inputs to Bangladeshi RMG producers to improve labor standards without losing its competitive advantage. She suggested this because US government has been urging the Bangladeshi government to raise wages and improve working conditions. I think, this is a right message. 

Link of the article.   

No comments:

Post a Comment