Special Economic Zones


Book Description

For countries as diverse as China and Mauritius, Special Economic Zones (SEZs) have been a powerful tool to attract foreign investment, promote export-oriented growth, and generate employment; for many others, the results have been less than encouraging. While the benefits and limitations of zones will no doubt continue to be debated, what is clear is that policymakers are increasingly attracted to them as an instrument of trade, investment, industrial, and spatial policy. Since the mid 1980s, the number of newly-established zones has grown rapidly in almost all regions, with dramatic growth in developing countries. In parallel with this growth and in the evolving context of global trade and investment, zones are also undergoing significant change in both their form and function, with traditional export processing zones (EPZs) increasingly giving way to larger and more flexible SEZ models. This new context will bring significant opportunities for developing countries to take advantage of SEZs, but will also raise new challenges to their successful design and implementation. This volume aims to contribute to a better understanding of the role and practice of SEZs in developing countries, in order to better equip policymakers in making effective decisions in planning and implementing SEZ programs. It covers some of the emerging issues and challenges in SEZs including upgrading, regional integration, WTO compliance, innovation, the environment, and gender issues with practical case examples from SEZ programs in developing countries.










Regional Change in Industrializing Asia


Book Description

First published in 1998 this boo responds to the dynamics of Industrializing Asia and the behavioural changes of actors which, in response to changing internal and external forces, have given rise to and are constantly giving rise to alterations in patterns of growth. From a geographical perspective, these are expressed in regional change, understood as a reconstruction of spatial organization. The imperatives of dynamic comparative advantage, changing global or regional competitiveness, and regional competition, faced by different actors, entities or territorial units can be identified as important forces underlying and shaping regional change. This volume provides further illumination, contextualization and interpretation of the spatiality of the economic reality in Industrializing Asia, as well as the role played by, and the implications for, different actors. The objectives of this book are 1) to outline the processes of regional change, linked to responses in the form of restructuring and integrative and regionalization tendencies, as well as the realignment of the global-regional-local divide in production systems/complexes and the operation of firms associated with reorganization of production in the process of maintaining and reconfiguring comparative advantage; 2) to highlight the wide scope of the process by considering differential units of analysis, linked to the agents and manifestations of regional change, and the role of scale in terms of the spatial units involved; 3) to highlight the implications as to the current and future position or role of differential actors/agents (particularly nation state) in shaping the new economic reality in the region and as a corollary, its positioning in the global economic order.




The Advantages and Disadvantages of Constructing Free-Trade Zones as an Industrialisation Strategy


Book Description

Essay from the year 2014 in the subject Business economics - Economic Policy, grade: 68, South Bank University London (Faculty of Social Sciences), course: Msc.Development Studies, language: English, abstract: In pursuit of development, governments of developing countries have adopted different industrialisation strategies over the years. One of such approach to industrialisation is export -oriented manufacturing and the common policy instrument adopted to stimulate commercial export has been the establishment of free trade zones. This paper tries to find out the possible benefits and disadvantages associated with the creation of free trade zones as a strategy for industrialisation. The first part tries to explain what constitutes free trade zone by various authorities on the subject, the types and origin of free trade zones. The second part identifies the various posits on the impact of free trade zone. The third section identifies some of the benefits and shortcomings of free trade zones as an industrialisation strategy. The final part makes up the conclusion and recommendations.







Special Economic Zones in Africa


Book Description

"This book, designed for policymakers, academics and researchers, and SEZ program practitioners, provides the first systematic and comprehensive analysis of SEZ programs in Sub-Saharan Africa. It is the result of detailed surveys and case studies conducted during 2009 in ten developing countries, including six in Sub-Saharan Africa. The book provides quantitative evidence of the performance of SEZs, and of the factors which contribute to that performance, highlighting the critical importance not just of the SEZ itself but of the wider national investment climate in which it functions. It also provides a comprehensive guide to the key policy questions that confront governments establishing SEZ programs, including: if and when to launch an SEZ program, what form of SEZ is most appropriate, and how to go about implementing it. Among the most important findings from the study that is stressed in the book is the shift from traditional enclave models of zones to SEZs that are integrated ? with national trade and industrial strategies, with core trade and social infrastructure, with domestic suppliers, and with local labor markets.Although the book focuses primarily on the experience of Sub-Saharan Africa, its lessons will be applicable to developing countries around the world."