The Political Economy Of Special Economic Zones
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The Political Economy Of Special Economic Zones
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Author : Lotta Moberg
language : en
Publisher: Routledge
Release Date : 2017-03-16
The Political Economy Of Special Economic Zones written by Lotta Moberg and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-03-16 with Business & Economics categories.
Special Economic Zones (SEZs) have become a popular development policy throughout the world over the last half a century. These zones form designated areas where governments offer businesses lower taxes, tariffs, and often lighter regulations. Generally, SEZs aim to attract investments and raise a country’s export and employment rates, but although success stories are often cited, there are numerous failed projects that have instead become burdens for their host countries. 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. Applying frameworks from various schools of political economy, this volume places SEZs in the context of their mixed past and promising future. It is essential reading for anyone with an interest in international economics, development economics, and political economy, including practitioners and consultants of SEZ policies.
The Political Economy Of Special Economic Zones
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Author : Lotta Moberg
language : en
Publisher:
Release Date : 2014
The Political Economy Of Special Economic Zones written by Lotta Moberg and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with categories.
This paper is a first attempt to apply a robust political economy framework to explain when Special Economic Zones (SEZs) can contribute to economic development. A robust political economy is one that channels the actions of self-interested individuals with limited information to promote economic progress. In the right institutional context, SEZs tend to promote economic growth. In the wrong institutional context, they can cause resource misallocation and rent-seeking. Policy makers introducing SEZs must overcome the knowledge problem to avoid misdirected economic planning. Yet, the scheme can only fulfill its purpose if it also prevents destructive rent-seeking behavior, both from businesses and from government authorities. The political economy framework of SEZs can be applied to judge their potential efficacy, something that orthodox studies of country features such as natural resources, infrastructure and zone location fail to do. The Indian and Chinese experiences with SEZs illustrate these points.
The Political Economy Of China S Economic Zones
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Author : George T. Crane
language : en
Publisher: Routledge
Release Date : 2019-07-04
The Political Economy Of China S Economic Zones written by George T. Crane and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-07-04 with Business & Economics categories.
In 1979 China launched a new international economic policy with the establishment of four Special Economic Zones (SEZs): Shenzhen, Zhuhai, and Shantou in Guangdong Province and Xiamen in Fujian Province. Modelled loosely on export processing zones and free trade zones found in other less developed countries, the SEZs offer a variety of financial inducements to foreign investors in order to harness international business for national economic advantage. Designed to be a cornerstone of China's economic reforms, by 1985 the SEZs (in the mid-80s zone-like policies were extended to fourteen coastal cities) were scandal-ridden and fraught with serious problems. This work, the first book-length analysis in English of China's SEZs, examines the problems and promise of this innovative approach to "structural economic reform" and the comparative significance of the SEZs.
Political Economy Of Special Economic Zones
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Author : Rajesh Sadu
language : en
Publisher:
Release Date : 2017
Political Economy Of Special Economic Zones written by Rajesh Sadu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Economic zoning categories.
Special Economic Zones In India
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Author : Amitendu Palit
language : en
Publisher: Anthem Press
Release Date : 2008-07-01
Special Economic Zones In India written by Amitendu Palit and has been published by Anthem Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-07-01 with Business & Economics categories.
Special Economic Zones (SEZs) are turning out to be one of the stiffest challenges for India's economic policy reforms. Since the announcement of SEZ rules on 10 February 2006, these zones have aroused unprecedented controversy. The emotionally charged debate on SEZs has often produced inflexible positions on either side. The unusually strong public reaction has also forced policymakers to revisit several aspects of the policy in recent months. Why are SEZs so controversial? Will they really exacerbate income inequality, endanger food security and worsen regional imbalance? Or will they help Indian industry in taking its final leap onto the global arena? Only time will provide the answers. As the first book on India's SEZs, this volume examines different popular perceptions - both good and bad - surrounding these zones. Apart from the international evidence and the Indian story, the book looks closely at critical issues like financial viability, land requirements, extant rules and the political economy of SEZs. Admitting that the last word on the subject is far from being spoken, the book contends that the SEZ saga will be a test of strength for the country's social and political concensus on its economic policies and future reforms. Introduced by eminent economist Bibek Debroy, this book is a must read.
Special Economic Zones And China S Development Path
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Author : Yitao Tao
language : en
Publisher: Springer
Release Date : 2018-10-05
Special Economic Zones And China S Development Path written by Yitao Tao and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-05 with Business & Economics categories.
The book provides insights into the development of special economic zones, which are an important factor in the political and economic reforms in China. It discusses a number of topics, including the history and the modernization of special economic zones in China, the contributions of special economic zones to China’s economic success and cultural change, as well as the new mission of special economic zones in the current economic-social context. Applying institutional economics and growth poles theory, it discusses the mechanism of China’s path driven by special economic zone practices. The book is a valuable resource for researchers interested in special economic zones, political and institutional reforms and economic transformation during China’s modernization.
The Political Economy Of Vietnam S Industrial Transformation
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Author : John Walsh
language : en
Publisher: Springer
Release Date : 2021-03-02
The Political Economy Of Vietnam S Industrial Transformation written by John Walsh and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-02 with Political Science categories.
This book presents an overview of political economic change in Vietnam during a period of significant social and economic change and an era of international turbulence. It combines various political economic perspectives to offer an integrated and comprehensive review of Vietnam’s recent development, discussing topics such as public administrative reform, labour markets and special economic zones, environmental management and other important contemporary issues. This concise and highly readable book includes a considerable amount of research, and as such provides valuable insights for scholars and researchers interested in political economic change and in Vietnam.
Special Economic Zones In Asian Market Economies
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Author : Connie Carter
language : en
Publisher: Routledge
Release Date : 2010-09-13
Special Economic Zones In Asian Market Economies written by Connie Carter and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-09-13 with Law categories.
Special Economic Zones (SEZs) have proliferated rapidly during the past decade and are set to multiply in the next – embracing not only Asia and Europe but also Africa and the Americas. This book is the first to examine the Asian experience of SEZs in China, India, Malaysia and the Philippines. SEZs are usually clearly defined geographic areas in which national, provincial or local governments use policy tools (such as tax holidays; improved infrastructure; less onerous or differentiated regulations and incentives other than those generally available in the rest of the country) to attract and promote private - usually foreign - investment from enterprises which commit to create employment and to export their products or services, and generating foreign currency for the host country. SEZs have been especially successful in bringing about economic development in Asia, especially in China. This book examines the origins, nature and status of special economic zones in Asia, together with the current trends connected with them, and the challenges they currently face. Although the World Trade Organisation cast doubts in 1995 on the future of special economic zones as a viable policy tool in the development agenda, special economic zones continue to be used, and favoured, as a way of encouraging foreign investment and economic development, with for example India, trying to emulate China, reincorporating special economic zones into its development policy. This book provides regional case studies of SEZs in Asian market economies to analyse the extent to which these zones serve the changing needs of Asian development.
China S Special Economic Zones
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Author : George T. Crane
language : en
Publisher:
Release Date : 1986
China S Special Economic Zones written by George T. Crane and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with categories.
Special Economic Zones
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Author : Jürgen Basedow
language : en
Publisher:
Release Date : 2016
Special Economic Zones written by Jürgen Basedow and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with Economic zoning categories.
By their very nature, Special Economic Zones encompass various elements studied in the academic disciplines of economics, political science and law. While their objectives are determined by economics, and their structures, implications and limits by law, their implementation requires a certain combination and cooperation of political forces, something which has been the subject of political science enquiries. A conference held at Kyushu University in Fukuoka convened scholars from all these disciplines to put Special Economic Zones into perspective. The papers presented highlighted functions and structures, historical aspects, the political dimension and foreign equivalents of deregulation, the interplay of such zones, and constitutional considerations. Freedom of contract and competition law, plus the effects that these economy-boosting tools may have on labour and innovation are also dealt with. With contributions by: Jurgen Basedow, Tom Ginsburg, Carsten Herresthal, Kazuaki Kagami, Toshiyuki Kono, Caslav Pejovi'c, Hideaki Shiroyama, Shinto Teramoto, Wolfgang Wurmnest, Ren Yatsunami.