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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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 |
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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 |
_version_ |
1764468380936437760 |