Special Economic Zones : Progress, Emerging Challenges, and Future Directions

Ask three people to describe a special economic zone (SEZ) and three very different images may emerge. The first person may describe a fenced-in industrial estate in a developing country, populated by footloose multinational corporations (MNCs) enj...

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Main Authors:	Farole, Thomas, Akinci, Gokhan
Format:	Publication
Language:	English
Published:	World Bank 2012
Subjects:	EXPORT PROCESSING ZONES FREE ZONES LARGE-SCALE MULTIUSE SEZs MODERN ECONOMIC ZONES SEZ
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000386194_20110816014424 http://hdl.handle.net/10986/2341

id	okr-10986-2341
recordtype	oai_dc
spelling	okr-10986-23412021-04-23T14:02:01Z Special Economic Zones : Progress, Emerging Challenges, and Future Directions Farole, Thomas Akinci, Gokhan EXPORT PROCESSING ZONES FREE ZONES LARGE-SCALE MULTIUSE SEZs MODERN ECONOMIC ZONES SEZ Ask three people to describe a special economic zone (SEZ) and three very different images may emerge. The first person may describe a fenced-in industrial estate in a developing country, populated by footloose multinational corporations (MNCs) enjoying tax breaks, with laborers in garment factories working in substandard conditions. In contrast, the second person may recount the 'miracle of Shenzhen,' a fishing village transformed into a cosmopolitan city of 14 million, with per capita gross domestic product (GDP) growing 100-fold, in the 30 years since it was designated as an SEZ. A third person may think about places like Dubai or Singapore, whose ports serve as the basis for wide range of trade- and logistics-oriented activities. In this book, the author use SEZ as a generic expression to describe the broad range of modern economic zones discussed in this book. But we are most concerned with two specific forms of those zones: (1) the export processing zones (EPZs) or free zones, which focus on manufacturing for export; and (2) the large-scale SEZs, which usually combine residential and multiuse commercial and industrial activity. The former represents a traditional model used widely throughout the developing world for almost four decades. The latter represents a more recent form of economic zone, originating in the 1980s in China and gaining in popularity in recent years. Although these models need not be mutually exclusive (many SEZs include EPZ industrial parks within them), they are sufficiently different in their objectives, investment requirements, and approach to require a distinction in this book. 2012-03-19T09:04:25Z 2012-03-19T09:04:25Z 2011-08-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000386194_20110816014424 978-0-8213-8763-4 http://hdl.handle.net/10986/2341 English Directions in Development ; trade CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank Publications & Research :: Publication Publications & Research :: Publication
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	EXPORT PROCESSING ZONES FREE ZONES LARGE-SCALE MULTIUSE SEZs MODERN ECONOMIC ZONES SEZ
spellingShingle	EXPORT PROCESSING ZONES FREE ZONES LARGE-SCALE MULTIUSE SEZs MODERN ECONOMIC ZONES SEZ Farole, Thomas Akinci, Gokhan Special Economic Zones : Progress, Emerging Challenges, and Future Directions
relation	Directions in Development ; trade
description	Ask three people to describe a special economic zone (SEZ) and three very different images may emerge. The first person may describe a fenced-in industrial estate in a developing country, populated by footloose multinational corporations (MNCs) enjoying tax breaks, with laborers in garment factories working in substandard conditions. In contrast, the second person may recount the 'miracle of Shenzhen,' a fishing village transformed into a cosmopolitan city of 14 million, with per capita gross domestic product (GDP) growing 100-fold, in the 30 years since it was designated as an SEZ. A third person may think about places like Dubai or Singapore, whose ports serve as the basis for wide range of trade- and logistics-oriented activities. In this book, the author use SEZ as a generic expression to describe the broad range of modern economic zones discussed in this book. But we are most concerned with two specific forms of those zones: (1) the export processing zones (EPZs) or free zones, which focus on manufacturing for export; and (2) the large-scale SEZs, which usually combine residential and multiuse commercial and industrial activity. The former represents a traditional model used widely throughout the developing world for almost four decades. The latter represents a more recent form of economic zone, originating in the 1980s in China and gaining in popularity in recent years. Although these models need not be mutually exclusive (many SEZs include EPZ industrial parks within them), they are sufficiently different in their objectives, investment requirements, and approach to require a distinction in this book.
format	Publications & Research :: Publication
author	Farole, Thomas Akinci, Gokhan
author_facet	Farole, Thomas Akinci, Gokhan
author_sort	Farole, Thomas
title	Special Economic Zones : Progress, Emerging Challenges, and Future Directions
title_short	Special Economic Zones : Progress, Emerging Challenges, and Future Directions
title_full	Special Economic Zones : Progress, Emerging Challenges, and Future Directions
title_fullStr	Special Economic Zones : Progress, Emerging Challenges, and Future Directions
title_full_unstemmed	Special Economic Zones : Progress, Emerging Challenges, and Future Directions
title_sort	special economic zones : progress, emerging challenges, and future directions
publisher	World Bank
publishDate	2012
url	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000386194_20110816014424 http://hdl.handle.net/10986/2341
_version_	1764385290708844544

Special Economic Zones : Progress, Emerging Challenges, and Future Directions

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