Innovation, Investment, and Emerging Opportunities in Today’s Textile and Apparel Value Chain

Summary of note 96: innovation, investment, and emerging opportunities in today’s textile and apparel value chain textile and apparel manufacturing is a critical creator of formalized jobs, a well-known path to industrialization, and an enabler of...

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Main Authors:	Manchanda, Sumit, Schlorke, Sabine, Schmitt, Maud
Format:	Brief
Language:	English
Published:	International Finance Corporation, Washington, DC 2021
Subjects:	VALUE CHAIN TEXTILES AND APPAREL EMERGING MARKET ECONOMIES ECONOMIC COMPLEXITY EXPORT COMPETITIVENESS
Online Access:	http://documents.worldbank.org/curated/en/523771611293916385/Innovation-Investment-and-Emerging-Opportunities-in-Today-s-Textile-and-Apparel-Value-Chain http://hdl.handle.net/10986/35051

id	okr-10986-35051
recordtype	oai_dc
spelling	okr-10986-350512021-04-23T14:02:15Z Innovation, Investment, and Emerging Opportunities in Today’s Textile and Apparel Value Chain Manchanda, Sumit Schlorke, Sabine Schmitt, Maud VALUE CHAIN TEXTILES AND APPAREL EMERGING MARKET ECONOMIES ECONOMIC COMPLEXITY EXPORT COMPETITIVENESS Summary of note 96: innovation, investment, and emerging opportunities in today’s textile and apparel value chain textile and apparel manufacturing is a critical creator of formalized jobs, a well-known path to industrialization, and an enabler of value chain relationships that modernize economies and make them more complex. Today, value chains that support the textile and apparel industries are rapidly evolving. They are integrating new technologies, embracing workplace innovations, adopting sustainable efficiencies, and inventing products and processes to meet the changing demands of global consumers and markets. This pattern has largely been repeating itself since the First Industrial Revolution more than 250 years ago. At the most fundamental level of the textile and apparel value chain, countries with an abundance of low wage, minimally skilled workers enter the industry to do the heavy manual labor and, with time and learned experience, build skills that enable them to graduate to the production of complex products that help them integrate into more important value chains and steadily advance their standards of living. 2021-01-26T19:47:57Z 2021-01-26T19:47:57Z 2020-12 Brief http://documents.worldbank.org/curated/en/523771611293916385/Innovation-Investment-and-Emerging-Opportunities-in-Today-s-Textile-and-Apparel-Value-Chain http://hdl.handle.net/10986/35051 English EMCompass;No. 96 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo International Finance Corporation International Finance Corporation, Washington, DC Publications & Research Publications & Research :: Brief
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	VALUE CHAIN TEXTILES AND APPAREL EMERGING MARKET ECONOMIES ECONOMIC COMPLEXITY EXPORT COMPETITIVENESS
spellingShingle	VALUE CHAIN TEXTILES AND APPAREL EMERGING MARKET ECONOMIES ECONOMIC COMPLEXITY EXPORT COMPETITIVENESS Manchanda, Sumit Schlorke, Sabine Schmitt, Maud Innovation, Investment, and Emerging Opportunities in Today’s Textile and Apparel Value Chain
relation	EMCompass;No. 96
description	Summary of note 96: innovation, investment, and emerging opportunities in today’s textile and apparel value chain textile and apparel manufacturing is a critical creator of formalized jobs, a well-known path to industrialization, and an enabler of value chain relationships that modernize economies and make them more complex. Today, value chains that support the textile and apparel industries are rapidly evolving. They are integrating new technologies, embracing workplace innovations, adopting sustainable efficiencies, and inventing products and processes to meet the changing demands of global consumers and markets. This pattern has largely been repeating itself since the First Industrial Revolution more than 250 years ago. At the most fundamental level of the textile and apparel value chain, countries with an abundance of low wage, minimally skilled workers enter the industry to do the heavy manual labor and, with time and learned experience, build skills that enable them to graduate to the production of complex products that help them integrate into more important value chains and steadily advance their standards of living.
format	Brief
author	Manchanda, Sumit Schlorke, Sabine Schmitt, Maud
author_facet	Manchanda, Sumit Schlorke, Sabine Schmitt, Maud
author_sort	Manchanda, Sumit
title	Innovation, Investment, and Emerging Opportunities in Today’s Textile and Apparel Value Chain
title_short	Innovation, Investment, and Emerging Opportunities in Today’s Textile and Apparel Value Chain
title_full	Innovation, Investment, and Emerging Opportunities in Today’s Textile and Apparel Value Chain
title_fullStr	Innovation, Investment, and Emerging Opportunities in Today’s Textile and Apparel Value Chain
title_full_unstemmed	Innovation, Investment, and Emerging Opportunities in Today’s Textile and Apparel Value Chain
title_sort	innovation, investment, and emerging opportunities in today’s textile and apparel value chain
publisher	International Finance Corporation, Washington, DC
publishDate	2021
url	http://documents.worldbank.org/curated/en/523771611293916385/Innovation-Investment-and-Emerging-Opportunities-in-Today-s-Textile-and-Apparel-Value-Chain http://hdl.handle.net/10986/35051
_version_	1764482219588452352

Innovation, Investment, and Emerging Opportunities in Today’s Textile and Apparel Value Chain

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