Fukunishi, Takahiro; Yamagata, Tatsufumi - Institute of Developing Economies, Japan External Trade … - 2013
This paper investigates how the garment industry escapes this vicious cycle and argues for the validity of labor-intensive industry as a starting point for full-fledged industrialization, even though it might at first seem to be a digression from the path to an innovation-led economy. By...