Why the emperor's new clothes are not made i
Post# of 7153
Posted On: 11/20/2013 9:48:53 PM
| Why the emperor's new clothes are not made in Colombia, Volume 1 | ||||||||||||||||||||||||||||
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| Summary: The key aim of this study is to learn about the reasons for the relative poor performance of Latin America (not just Colombia) in exporting manufactures (not just clothing) . The study attempts to answer four central questions: 1) Why did Colombia's clothing exports, which had never exceeded $1 million until 1970, climb suddenly to over $50 million in 1974?; 2) Why, after 1974, did the country's exports of clothing to the United States and Europe begin steadily to decline?; 3) Why is it that Colombia has been so much less successful at exporting garments to date than Hong Kong, Korea, and Taiwan?; and 4) more generally, what can be learned from Colombia's experience with clothing exports about the reasons Latin American nations have been less successful at exporting most types of manufactured goods than Hong Kong, Korea, and Taiwan? The study is based on interviews conducted with: managers, or export managers, of thirty Colombian firms that export or have exported clothing; directors of full- or part-time foreign buying offices for clothing that were located in Bogota; Colombian foreign trade officials; and executives of U.S. corporations that import or have imported clothing from firms in the sample. The study analyzes in depth the effects of price and nonprice determinants of export success, and based on the problems identified with the clothing industry, it offers policy options for the Colombian government |
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