The export-oriented garment industry in Bangladesh has grown rapidly for the last three decades and now ranks among the largest garment exporters in the world. While its early success is attributed to the initial technology transfer from South Korea, such a one-time infusion of knowledge alone...

The paper argues that if Pakistan is to survive and prosper under the competitive conditions of the new global economy, then it must move away from its overwhelming dependence on "cottonomics" into more technology- and knowledge-based products where global growth is concentrated. For this to...