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The International Trade in Secondhand Clothing: Managing Information Asymmetry between West African and British Traders

机译:国际二手服装贸易:管理西非和英国商人之间的信息不对称

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The nature of the international trade in secondhand clothes is such that the lgbo importer in West Africa cannot know what specific items of clothing are packed in the bales supplied to him from Britain. Since he is not there to pick and select at the sorting factory of his supplier, how is he assured of the quality of the clothes he is importing? The question of information asymmetry is at the heart of this article. An empirical description is provided here of what goes on within an international network of traders in secondhand clothes in relation to quality assurance on items of clothing that cannot be viewed by the importer until the bales are opened up in West Africa. Such assurance is shown to depend on certain practices in the trade, especially the seconding of an apprentice from the shop of the Igbo importer to the sorting factory of the British supplier. The article also explores how the commercial problem of quality assurance is resolved through relationships of trust and cooperation. Importers jostle to establish such relationships with suppliers that understand the subjective as well as pragmatic factors determining the quality of secondhand clothing imported into the West African market from Britain.
机译:二手服装国际贸易的性质使得西非的lgbo进口商无法知道从英国提供给他的大包中装有哪些特定的服装。由于他不在供应商的分拣工厂进行拣选,因此他如何保证自己进口的衣服质量?信息不对称问题是本文的核心。在此提供经验描述,说明在二手服装国际贸易商网络中,与进口商在西非开包之前看不到的服装质量保证有关的情况。事实证明,这种保证取决于交易中的某些惯例,尤其是从Igbo进口商的商店到英国供应商的分拣工厂的借调学徒。本文还探讨了如何通过信任与合作关系解决质量保证的商业问题。进口商争先恐后地与供应商建立这种关系,他们了解决定从英国进口到西非市场的二手服装质量的主观和实用因素。

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