Word: sectoral
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...When China and India maxed out on their annual quotas, American buyers often turned to Pakistan. Its garment industry earned two-thirds of the country's export dollars last year. But Arshad fears that at least 60% of the 2 million Pakistanis who work in the ready-made garments sector could lose their jobs in coming years. "The new regime will wipe out thousands of small and medium-size exporters," says Javed Puri, a Pakistani textile exporter...
...Similar concerns are rife in Sri Lanka, where textiles and garments make up half of the country's exports, and the industry supports as many as 1 million workers. In Nepal, where more than 300,000 workers depend directly or indirectly on the garment sector for their livelihood, extending the quota system "is a matter of life or death," says Prashant Pokhrel, a Nepali exporter. Experts in Bangladesh fear that anywhere from $1.25 billion to $2.5 billion of that country's annual exports could be lost, with the shock waves rippling through the nation's banking sector and the entire...
...confess I’ve deceived you: Ghana is a bad example, because VoIP is illegal there. The established phone companies have something of a monopoly on the telecommunications sector, and they don’t appreciate Internet service providers entering into their business arena and interrupting their revenue streams. At first, this seems like a typical third-world-corrupt-government sort of challenge: Because the prime minister’s third cousin owns the phone company, say, competitors find their leases suddenly expiring and their power being shut off without explanation...
...Foreign investment capital in the oil sector is crucial to the regime’s ability to wage war with its own people,” Prendergast said. He added that the joint venture with China National Petroleum “has allowed Sudan to start repaying its debts, earn critical foreign exchange, and fund a massive weapons buying spree...
Students seeking a Ph.D from HBS commit to five years in the program. And their post-graduation earnings prospects in the academic world are often dimmer than those of master’s of business administration (MBA) students who are headed to the private sector...