Word: exporters
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...several decades of solid progress made by one of the world's poorest countries. Thanks to a slew of innovative ngos and a committed cadre of government social-welfare workers, the nation has achieved impressive gains in fighting poverty and slowing the growth of its population. A thriving textile-export industry fills American supermarkets with made-in-Bangladesh T shirts and sweaters, and many Bangladeshi millionaire textile exporters drive about the streets of Dhaka in new Mercedes-Benz. But for all its achievements, the country has also seemed like a political experiment designed to find out just how much corruption...
...Prominent Bangladeshi businessmen, who expect the security situation to deteriorate further and political agitation by the opposition to intensify, reckon there will be no significant investment in new factories for the next six to nine months. There could be worse ahead. Textiles account for 75% of Bangladesh's export value, but the start of 2005 will see the expiration of a special trade agreement that gives the country a guaranteed market for its garments in the U.S. Some experts fear that once the trade agreement ends, cheaper Chinese garments will eat away a large part of Bangladesh's export market...
...When the government sold the cutting rights to Tenon, it was made at a time when the export demand for forest products was extremely hated. There were groups of people against this deal. And so the cutting rights were overvalued,” Paku said...
...shown. Far more worrying to Putin, however, were the oil tycoon's plans to build Russia's first oil pipeline independent of state control, and his efforts to sell a major share of his company to Exxon Mobil. States in which oil-production is a major source of export earnings tend to treat is a strategic industry, and Khodorkovsky's desire to make Yukos independent of Moscow's influence was intolerable to Putin and those around...
From there, multinational companies began moving up the food chain. Silicon Valley, which for years had been importing highly educated Indian code writers--driving up wage and real estate costs--discovered it was a lot cheaper to export the work to the same highly educated folks over there. So did Wall Street, which employs an army of accountants, analysts and bankers to pore over documents, do deal analysis and maintain databases. The potential list gets longer: medical technicians to read your X rays, accountants to prepare your taxes, even business journalists to interpret companies' financial statements...