Defying predictions, Bangladesh's garment factories thrive is a Christian Science Monitor Article of about the effects of globalization on the Bangladesh's garment industry.
If the global economics gurus had got it right, Sokina Begum would have been one of over 2 million garments workers in Bangladesh to become the casualties of globalization.
When Bangladesh lost its quota to export garments to the US under new international trade rules in January 2005, thousands of garments factories here were widely expected to buckle under fierce competition from cheaper Chinese exports. The UN predicted in a 2004 report that over a million women workers might be laid off from these factories.
"I attended many meetings where we were told we will lose our jobs because the treaty that helps Bangladesh to sell its goods abroad will be cancelled," says Ms. Begum.
But tallies of export figures for the first year since quotas were lifted tell a brighter story. Garments exports from Bangladesh grew by half a billion dollars last year, with most of the increased sales in the US market. The mass layoffs have not materialized.