Indusrial and Manufacturing batch 2006-07

Low wages and trade deals with Western nations have helped Bangladesh build a $30 billion ready-made garments (RMG) industry that accounts for 80% of country's exports. Bangladesh is the world's second largest RMG exporter after China. Rising monthly wages of Bangladesh garment worker in terms of US dollars are now catching up with the minimum wage in Pakistan, especially after recent Pakistani rupee devaluation. Minimum monthly wage in Pakistan has declined from $136 last year to $107 now…

Mid-1960s America saw a phenomenon called the "British Invasion". Anecdotal evidence suggests similar phenomenon, albeit on a smaller scale, is occurring in China with about 100,000 Pakistanis arriving there in recent years. While the growing presence of the Chinese in Pakistan gets a lot of press, there has been relatively little coverage of the movement of people in the other direction---from…