Global Financial Crisis And Its Impact On Textile Industry In Pakistan

Shaikh, Faiz M. and Gopang, Nazir Ahmed and Shafiq, Kamran ORCID: https://orcid.org/0000-0003-4157-8741 (2011) Global Financial Crisis And Its Impact On Textile Industry In Pakistan. Journal of Business Case Studies, 7 (3). pp. 17-22. ISSN 1555-3353


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.


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Item Type: Article (Commonwealth Reporting Category C)
Refereed: No
Item Status: Live Archive
Faculty/School / Institute/Centre: No Faculty
Faculty/School / Institute/Centre: No Faculty
Date Deposited: 17 Jan 2022 04:01
Last Modified: 17 Jan 2022 04:01
Uncontrolled Keywords: textile; clusters; empirical analysis; Pakistan
Fields of Research (2008): 14 Economics > 1402 Applied Economics > 140202 Economic Development and Growth
14 Economics > 1402 Applied Economics > 140209 Industry Economics and Industrial Organisation
Fields of Research (2020): 38 ECONOMICS > 3801 Applied economics > 380107 Financial economics
Identification Number or DOI: doi:10.19030/jbcs.v7i3.4260
URI: http://eprints.usq.edu.au/id/eprint/44826

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