Correlations: Perilous Arithmetic for Bangladesh's Factories

Factory owner Tipu Munshi says safety in Bangladesh’s garment industry could be ensured if retailers stopped haggling and paid the 90¢ per pair it costs to sew jeans, like the Walmart-ordered pair below, in a safe facility. Buyers often bargain down to what Munshi calls a danger zone, where rivals make cuts that threaten safety. “Let us earn those few cents, and nobody has to die while making basic jeans.”

    Before it's here, it's on the Bloomberg Terminal. LEARN MORE