Kyrgyz Republic - The Garment Sector : Impact of Joining the Customs Union and Options to Increase Competitiveness
No hay miniatura disponible
Fecha
Autores
Título de la revista
ISSN de la revista
Título del volumen
Editor
Washington, DC
Resumen
Descripción
This note analyzes the impact that
joining the Eurasian Customs Union will have on the Kyrgyz
Republic s garment sector and options for improving the
sector s competitiveness. The paper finds that joining the
Eurasian Customs Union will lead to higher prices for the
textiles and cloth used in garment production. This will
increase the cost of producing garments in the Kyrgyz
Republic and will more than likely place downward pressure
on exports from the Kyrgyz Republic, which will induce
firms, particularly less competitive ones, to exit from the
garment sector. To offset the increase in cost from higher
tariffs, it is recommended that the Kyrgyz Government aims
to increase productivity by lifting the constraints that
reduce the sector s competitiveness. This can be done
through interventions to increase the use of new technology,
improve knowledge of consumer markets, and strengthen skills
and education. This paper discusses these issues in four
parts. The first provides an economic context for the
discussion (Section I), which is followed by a discussion of
the development of the garment sector and its importance for
the economy (Section II). The paper then assesses the impact
that joining the Customs Union (Section III) will have on
production costs in the garment sector. Section IV describes
the constraints the sector s competitiveness and possible
interventions to lift these constraints.
Palabras clave
ACCESS TO CAPITAL, ACCESS TO CREDIT, ACCESS TO FINANCE, ACCESS TO FINANCING, ADOPTION OF TECHNOLOGY, ADVISORY SERVICES, AGRICULTURAL PRODUCTS, AGRICULTURE, BANK CREDIT, BENCHMARK, BENCHMARKING, BENCHMARKS, BRAND, BUSINESS CLIMATE, BUSINESS INDICATORS, BUSINESS OPERATIONS, BUSINESSES, CAPABILITIES, CAPITAL INVESTMENTS, CERTIFICATES, COMPARATIVE ADVANTAGE, COMPETITIVENESS, COMPETITIVENESS INDEX, CONSUMER MARKETS, CONSUMERS, CORRUPTION, CUSTOMER SEGMENTS, CUSTOMS, CUSTOMS CLEARANCE, CUSTOMS CLEARANCES, CUSTOMS UNION, DIVERSIFICATION, DOMESTIC MARKET, ECONOMIC ACTIVITY, ECONOMIC CRISIS, ECONOMIC EFFECT, ECONOMIC GROWTH, ECONOMIES OF SCALE, ELECTRICITY, EMPLOYEE, EMPLOYERS, EMPLOYMENT GROWTH, ENTERPRISE SURVEYS, ENTREPRENEURS, EQUIPMENT, EXPORT MARKETS, EXPORT PROMOTION, EXPORT PROMOTION AGENCIES, EXPORTS, EXTERNAL FINANCING, FINANCES, FINANCIAL CRISIS, FINANCIAL DISTRESS, FINANCIAL SERVICES, FOREIGN DIRECT INVESTMENT, FOREIGN EXCHANGE, FOREIGN INPUTS, FOREIGN INVESTORS, FOREIGN TRADE, FOREIGN TRADE POLICY, GDP, GLOBAL COMPETITIVENESS, GLOBAL ECONOMY, HIGH INTEREST RATES, IMPORT DATA, IMPORTS, INCOME LEVELS, INDUSTRIALIZATION, INFORMAL ECONOMY, INNOVATION, INNOVATION POLICY, INTERNATIONAL MARKETS, INTERNATIONAL TRADE, ITC, LABOR MARKET, LACK OF ACCESS, LICENSES, LIMITED ACCESS, LIMITED ACCESS TO FINANCE, LOAN PROGRAM, MANUFACTURING, MARKET ACCESS, MARKET DEMAND, MARKET FAILURES, MARKET FORCES, MARKET INFORMATION, MARKET POWER, MARKET SEGMENTS, MARKETING, MATERIAL, MERCHANDISE, NETWORKS, NEW TECHNOLOGIES, NEW TECHNOLOGY, NICHE MARKET, NICHE MARKETS, PERFORMANCES, POOR ACCESS, PRIVATE PARTNERSHIPS, PRODUCTION COSTS, PRODUCTION PROCESSES, PRODUCTIVITY, PUBLIC POLICY, PUBLIC-PRIVATE PARTNERSHIPS, PURCHASING, PURCHASING POWER, PURCHASING POWER PARITY, RECESSION, REMITTANCES, RESULT, RESULTS, RETAIL, REVOLVING LOAN, SALES, SKILLED LABOR, SOCIAL NETWORKS, SUPPLIERS, SUPPLY CHAIN, SUPPLY CHAINS, TARIFF LINES, TARIFF SCHEDULES, TAX SYSTEM, TAX TREATMENT, TECHNICAL EXPERTISE, TECHNICAL SKILLS, TOTAL COSTS, TOURISM, TRADE DATA, TRADE INDICATORS, TRADE POLICY, TRADE PROMOTION, TRADE REGIME, TRADE REGULATIONS, UNION, USER, VALUE ADDED, VALUE CHAIN, VALUE CHAINS, WAGE RATES, WAGES, WORKING CAPITAL, WORLD TRADE, WTO