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Special Economic Zones

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Author by : Thomas Farole
Languange Used : en
Release Date : 2011-08-01
Publisher by : World Bank Publications

ISBN : 9780821387634

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....

Special Economic Zones

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Author by : Kulwant Rai Gupta
Languange Used : en
Release Date : 2008
Publisher by : Atlantic Publishers & Dist

ISBN : 812690884X

Special Economic Zones Are Specially Delineated Duty-Free Enclaves Deemed To Be Foreign Territories For The Purposes Of Trade Operations, Duties And Tariffs. Sezs Include Development Of Roads, Airports, Ports, Telecom, Generation And Distribution Of Power, Construction Of Industrial/Commercial/Residential Complexes, Etc.Encouraged By The Phenomenal Success Of Sezs Of People S Republic Of China Which First Used This Model As A Measure To Attract Foreign Capital, Technology And Managerial Expertise The Indian Government Announced In The Exim Policy Of March 2000, A Scheme For Setting Up Sezs In The Country. The Special Economic Zones Act, Which Was Enacted Subsequently In The Year 2005, Has Been Subject To Much Debate And Discussion. From Politicians To Businessmen, From Journalists To Social Activists All Have Expressed Different Views Thereon. While Some Have Hailed It As A New Mantra For Export-Oriented Economic Activity, Others Have Criticized It For Giving Excessive Tax And Tariff Concessions To Sez Developers. The Government Is Keen To Promote The Establishment Of These Large, Self-Contained Areas, Supported By World-Class Infrastructure, Oriented Towards Export Promotion.The Present Book Special Economic Zones: Issues, Laws And Procedures, In Two Volumes, Studies In Detail The Various Aspects Of Policy Relating To Sezs. Different Problems Relating To People S Apprehensions About These Models Of Growth Displacement Of A Large Number Of Landowners, Environmental Pollution Likely To Be Caused By Huge Industrial Units Being Set Up In The Sezs, The Inter-Ministerial Differences Over The Issue Of Unprecedented Concessions, Incentives And Sops Being Given To The Developers, Etc. Have Been Discussed In The Four Analytical Articles Written By Economic Experts, Making Valuable Suggestions. Besides Articles By Erudite Experts, The Book Contains Documents Relating To Sezs In Matters Like Foreign Trade Policy; Income Tax, Central Sales Tax, Customs Duty; Circulars And Orders Of Related Ministries, Government Departments And Reserve Bank Of India; And Laws And Subsequent Amendments Concerning Sez Policy Of The Government. The Book Includes The Land Acquisition Act, 1894; National Policy For Resettlement And Rehabilitation Of Project Affected Families, 2003; National Rehabilitation Policy, 2006 And Resettlement & Rehabilitation Policy (Nhpc), 2007. Also Given In This Book Are Documents Containing The Policy Framework Of States.Such Wide Coverage Makes This Book A Unique Treatise On Special Economic Zones. It Will Prove Highly Useful For Mncs, Sez Developers, Policymakers, Lawyers, Businessmen And Students. The General Readers Will Also Find It Interesting And Informative....

Special Economic Zones And The Economic Transition In China

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Author by : Wei Ge
Languange Used : en
Release Date : 1999-09-19
Publisher by : World Scientific

ISBN : 9789814495202

This book examines China's economic development since 1949, with special emphasis on the economic transition of the past two decades and the role of special economic zones in this gradually evolving process. Various issues concerning the formation of the zones are explored. The performance of the zones and their impacts on the Chinese economy and the transitional path are assessed in aspects such as economic growth, structural changes, investment financing, employment and wages, technology transfers and learning, productivity gains, standards of living, trade expansion and the changing pattern of foreign investment. The implications of the special economic zones as a policy instrument to facilitate the process of economic transition and development, as well as the relevant policy issues, are examined....

The Political Economy Of Special Economic Zones

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Author by : Lotta Moberg
Languange Used : en
Release Date : 2017-03-16
Publisher by : Taylor & Francis

ISBN : 9781315298948

This book examines SEZs from a political economy perspective, both to dissect the incentives of governments, zone developers, and exporters, and to uncover both the hidden costs and untapped potential of zone policies. Costs include misallocated resources, the encouragement of rent-seeking, and distraction of policy-makers from more effective reforms. However, the zones also have several unappreciated benefits. They can change the politics of a country, by generating a transition from a system of rent-seeking to one of liberalized open markets. In revealing the hidden promise of SEZs, this book shows how the SEZ model of development can succeed in the future....

China S Special Economic Zones

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Author by : C. H. Chai
Languange Used : en
Release Date : 1986
Publisher by : Hong Kong ; New York : Oxford University Press

ISBN : STANFORD:36105040325354

This volume analyses the historical, economic, political, geographical, legal, planning, and management aspects of the zones, and discusses their original motivations, current problems, and future prospects....

Special Economic Zones In Africa

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Author by : Thomas Farole
Languange Used : en
Release Date : 2011-01-01
Publisher by : World Bank Publications

ISBN : 9780821386392

"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."...

The Special Economic Zones Of China And Their Impact On Its Economic Development

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Author by : Chŏng-dong Pak
Languange Used : en
Release Date : 1997-03-30
Publisher by : Praeger

ISBN : STANFORD:36105019251714

An in-depth examination of the special economic zones that have been established in China to further the economic development of that country....

Handbook Of Research On Special Economic Zones As Regional Development Enablers

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Author by : Figueiredo, Paulo Guilherme
Languange Used : en
Release Date : 2021-10-15
Publisher by : IGI Global

ISBN : 9781799876212

Special economic zones (SEZs) are important doorways for countries to attract foreign investment and promote trade. A strong correlation between the creation of SEZs and economic development indicators has also been identified in previous studies, at the municipal level, in China. Thus, the fundamental question that needs to be explored is to what extent SEZs can play the role of development enablers in different regions, development states, and institutional settings. The Handbook of Research on Special Economic Zones as Regional Development Enablers discusses the diverse and international track records in the implementation of SEZs, the interplay of SEZ models and local institutional infrastructure and stakeholders, and the SEZ models that can best fit certain development states and/or settings. Covering topics such as the Belt and Road Initiative, local and national economies, and regional integration, this book is essential for government officials, development officers, scholars, students, researchers, entrepreneurs, public decision makers, aid agencies, company executives, investors, and academicians....

Studies On China S Special Economic Zones 2

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Author by : Yiming Yuan
Languange Used : en
Release Date : 2019-09-20
Publisher by : Springer Nature

ISBN : 9789811366758

The book provides an authoritative study on Special Economic Zones. The scope of the articles will include new theories, methods and discoveries in SEZ study, and specifically provide recent achievements in Special Economic Zones. The journal is aimed at economics undergraduates, postgraduates, economics researchers in social science institutions and the government. Special Economic Zone mode provides an easy approach to complete modernization in developing countries like China, the reader can get some important data source and major results in this area....

Annual Report On The Development Of China S Special Economic Zones 2018

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Author by : Yitao Tao
Languange Used : en
Release Date : 2019-11-22
Publisher by : Springer Nature

ISBN : 9789811398377

The Annual Report objectively reflects the whole year’s progress of politics, economy, society, culture, system, environment, innovation and reform, as well as the problems, challenges and countermeasures in traditional special economic zones and new special economic zones. It analyses China’s Special Economic Zones, including overall review on the whole year’s development state of the reform experimental zone and part of new special economic zones, which focuses on analyzing the transformation of special economic zones, use of resources, the sustainable development, economic and social development, social security and technical innovation from the aspects of present situation of development, the comparative analysis, and policy suggestions and puts forward development suggestions for each specific issue....