Special Economic Zones : An Operational Review of Their Impacts

Policy-makers across developing economies are implementing different forms of special economic zones (SEZs): programs intended to catalyze economic growth. The SEZ program is aimed at attracting foreign direct investment (FDI) to increase firm-leve...

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Main Author: World Bank Group
Format: Report
Language:English
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/316931512640011812/Special-economic-zones-an-operational-review-of-their-impacts
http://hdl.handle.net/10986/29054
id okr-10986-29054
recordtype oai_dc
spelling okr-10986-290542021-05-25T09:52:11Z Special Economic Zones : An Operational Review of Their Impacts World Bank Group SPECIAL ECONOMIC ZONES FOREIGN TRADE ZONES FOREIGN DIRECT INVESTMENT EXPORT COMPETITIVENESS LABOR MARKET SPILLOVER EFFECT Policy-makers across developing economies are implementing different forms of special economic zones (SEZs): programs intended to catalyze economic growth. The SEZ program is aimed at attracting foreign direct investment (FDI) to increase firm-level investment and improve firm-level productivity by enhancing firm-level coordination, networks, and innovation. The purpose of this operational review is to inform and to identify and document lessons from the application of these policies across countries and across the World Bank’s project portfolio. The report reviews the SEZ programs, and the characteristics and contexts that are associated with the success of SEZ policies. The report also adds to the general SEZ debate of whether the benefits generated by SEZs are restricted to the firms within the walls of the SEZs with limited social benefit; or whether SEZs eventually lead to spillovers that support structural change generating high social benefits. The report is structure as follows: chapter one gives introduction. Chapter two, provides a brief literature review of SEZ theory and performance. Chapter three provides an overview of the dataset developed for this work. Chapter four presents the econometric estimation using the dataset (for the explanatory variables) and nighttime lights data over 5 years as a measure of success (and dependent variable). Finally, chapter five focuses on the World-Bank-Group-funded projects that contain an SEZ component and assess the factors determining success and failures of SEZs. 2017-12-19T21:23:15Z 2017-12-19T21:23:15Z 2017 Report http://documents.worldbank.org/curated/en/316931512640011812/Special-economic-zones-an-operational-review-of-their-impacts http://hdl.handle.net/10986/29054 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Foreign Trade, FDI, and Capital Flows Study Economic & Sector Work
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic SPECIAL ECONOMIC ZONES
FOREIGN TRADE ZONES
FOREIGN DIRECT INVESTMENT
EXPORT COMPETITIVENESS
LABOR MARKET
SPILLOVER EFFECT
spellingShingle SPECIAL ECONOMIC ZONES
FOREIGN TRADE ZONES
FOREIGN DIRECT INVESTMENT
EXPORT COMPETITIVENESS
LABOR MARKET
SPILLOVER EFFECT
World Bank Group
Special Economic Zones : An Operational Review of Their Impacts
description Policy-makers across developing economies are implementing different forms of special economic zones (SEZs): programs intended to catalyze economic growth. The SEZ program is aimed at attracting foreign direct investment (FDI) to increase firm-level investment and improve firm-level productivity by enhancing firm-level coordination, networks, and innovation. The purpose of this operational review is to inform and to identify and document lessons from the application of these policies across countries and across the World Bank’s project portfolio. The report reviews the SEZ programs, and the characteristics and contexts that are associated with the success of SEZ policies. The report also adds to the general SEZ debate of whether the benefits generated by SEZs are restricted to the firms within the walls of the SEZs with limited social benefit; or whether SEZs eventually lead to spillovers that support structural change generating high social benefits. The report is structure as follows: chapter one gives introduction. Chapter two, provides a brief literature review of SEZ theory and performance. Chapter three provides an overview of the dataset developed for this work. Chapter four presents the econometric estimation using the dataset (for the explanatory variables) and nighttime lights data over 5 years as a measure of success (and dependent variable). Finally, chapter five focuses on the World-Bank-Group-funded projects that contain an SEZ component and assess the factors determining success and failures of SEZs.
format Report
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Special Economic Zones : An Operational Review of Their Impacts
title_short Special Economic Zones : An Operational Review of Their Impacts
title_full Special Economic Zones : An Operational Review of Their Impacts
title_fullStr Special Economic Zones : An Operational Review of Their Impacts
title_full_unstemmed Special Economic Zones : An Operational Review of Their Impacts
title_sort special economic zones : an operational review of their impacts
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/316931512640011812/Special-economic-zones-an-operational-review-of-their-impacts
http://hdl.handle.net/10986/29054
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