Restructuring of Manufacturing Industry. The Experience of the Textile Industry in Pakistan, Philippines, Portugal, and Turkey

摘要

This study describes the main features of the restructuring and modernization of manufacturing industries, and specifically considers the experience of the World Bank in assisting the textile industry, particularly in Pakistan, the Phillippines, Portugal and Turkey. Against the background of major economic and technological changes in the textile and garment industries in developed countries, it examines the role of government, the financial system and the private sector in the process of restructuring. The study pays special attention to the place of industry action programs in the rationalization of trade and industry policies, and conversely, the importance of adequate macro-economic and industrial policies in achieving the objective of restructuring. (Copyright (c) by the World Bank 1983.)