Global Financial Crisis And Its Impact On Textile Industry In Pakistan

Main Article Content

Faiz. M. Shaikh
Nazir Ahmed Gopang
Kamran Shafiq

Keywords

textile, clusters, empirical analysis, Pakistan

Abstract

This research investigates the impact of Global Financial Crisis on textile industry clusters in Pakistan.  A cross sectional data were collected from 25 textile industries by using simple random technique and data were analysis by using E-Views software. Structural questionnaire was the basic tool for measures the performance of textile industry in financial recession in Pakistan.  It was revealed that the industry is in urgent need of financial and technological investments.  It was revealed that Global financial crisis has negative impact on the export of textile industry in Pakistan.  The export of textile related products has decreased by 20 percent due to decrease in textile demand.  It was further revealed that textile industry facing problems such as electricity and high taxes.

Downloads

Download data is not yet available.
Abstract 537 | PDF Downloads 397