MERAL Myanmar Education Research and Learning Portal
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Garment Industy Growth and Macroeconomic Variables in Myanmar(2010-2019) (May Thinn Khaing,2022 )
https://meral.edu.mm/records/8678
https://meral.edu.mm/records/867809bf5088-6ab4-4348-8062-6a814f093433
e49e32a4-cbdb-43c3-83dc-0f94df786e59
Name / File | License | Actions |
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May Thin Khaing, M.Econ(Eco)-8, PDF.pdf (538 KB)
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Thesis | ||||||
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Title | ||||||
Title | Garment Industy Growth and Macroeconomic Variables in Myanmar(2010-2019) (May Thinn Khaing,2022 ) | |||||
Language | en | |||||
Publication date | 2022-03-01 | |||||
Authors | ||||||
May Thin Khaing | ||||||
Description | ||||||
The garment industry is one of the main sources of foreign currency earnings and job creation in Myanmar. The rapid growth of the garment industry contributes to the economic growth and reduces poverty in Myanmar. The objective of the study is to show the trend of garment exports and selected macroeconomic variables such as GDP, unemployment rate, exchange rate, and foreign investment. The study uses a descriptive method based on secondary data. The main source of secondary data is collected by the Myanmar Garment Manufacturing Association and other related organizations. The study is focused on the period 2010–2019. The study found that the value of GDP increased in tandem with the growth of garment exports. The growth of garment exports alone will not be enough to reduce Myanmar's unemployment rate. Myanmar’s garment industry is mainly driven by foreign investment. The growth of the textile industry is important for Myanmar’s garment industry. Myanmar’s garment industry is gradually growing as foreign investment increases year after year. Themes such as government loans and support for local manufacturers, harmonizing investment and collaboration from raw materials to final products, training for labor, and a favourable working environment should be implemented by the stakeholders of the garment industry in Myanmar, which provide the sustainable growth of the garment industry in Myanmar and can contribute to the Myanmar economy. |
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Thesis/dissertations | ||||||
Yangon University of Economics | ||||||
Dr. Zin Zin Shwe |