Cluster-Based Industrial Parks : A Practical Framework for Action

They are being hailed as the new Holy Grail of economic development. The success of special economic zones (SEZ) in general and specialized ones in particular (industrial and technology parks) in countries as diverse as Australia, Denmark, Sweden,...

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Bibliographic Details
Main Author: Monga, Célestin
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
GDP
WTO
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=000158349_20111206131502
http://hdl.handle.net/10986/3667
id okr-10986-3667
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ACCOUNTING
ADMINISTRATIVE CONTROLS
ADVANCED COUNTRIES
ADVANCED ECONOMIES
AGRICULTURE
BARRIERS TO ENTRY
BOND MARKET
BONDED WAREHOUSE
BUSINESS ENVIRONMENT
BUSINESS ENVIRONMENTS
BUSINESS OPPORTUNITIES
BUSINESS PRACTICES
CAPITAL ACCUMULATION
CAPITAL INTENSITY
CAPITAL MARKETS
COMMODITY
COMMODITY PRICES
COMPARATIVE ADVANTAGE
COMPARATIVE ADVANTAGES
COMPETITIVE MARKET
COMPETITIVENESS
CONFLICT OF INTEREST
CONSUMERS
CREDIBILITY
CURRENCY
CURRENCY DEVALUATIONS
DEVALUATIONS
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPMENT BANK
DEVELOPMENT ECONOMICS
DEVELOPMENT INSTITUTIONS
DEVELOPMENT POLICY
DEVELOPMENT STRATEGIES
DIVIDENDS
DOMESTIC ECONOMY
DOMESTIC MARKETS
DRIVERS
ECONOMIC ACTIVITY
ECONOMIC BENEFITS
ECONOMIC DEVELOPMENT
ECONOMIC DOWNTURN
ECONOMIC GEOGRAPHY
ECONOMIC GROWTH
ECONOMIC HISTORY
ECONOMIC PERFORMANCE
ECONOMIC POLICIES
ECONOMIC PROGRESS
ECONOMIC THEORY
ECONOMIES OF SCALE
ELASTICITY
EMERGING ECONOMIES
EMPIRICAL STUDIES
ENVIRONMENTS
EXPENDITURE
EXPENDITURES
EXPORT BASE
EXPORT GROWTH
EXPORTS
EXTERNALITIES
EXTERNALITY
FINANCIAL RESOURCES
FINANCIAL SERVICES
FINANCIAL SUPPORT
FINANCING ARRANGEMENTS
FOREIGN DIRECT INVESTMENT
FOREIGN EXCHANGE
FOREIGN FIRM
FOREIGN FIRMS
FOREIGN INVESTMENT
FOREIGN INVESTORS
FREE TRADE
GDP
GLOBAL ECONOMY
GLOBAL MARKET
GLOBAL MARKETS
GLOBAL TRADE
GLOBALIZATION
GOVERNANCE ISSUES
GOVERNMENT INTERVENTION
GROWTH RATES
HARMONIZATION
HUMAN CAPITAL
INCOME
INCOME LEVEL
INCOME TAX
INDIVIDUAL FIRMS
INDUSTRIALIZATION
INEFFICIENCY
INFORMATION FLOW
INFRASTRUCTURE PROJECTS
INNOVATION
INNOVATIONS
INSTITUTIONAL CONSTRAINTS
INTANGIBLE
INTERMEDIATE INPUTS
INTERNATIONAL BANK
INTERNATIONAL COMMERCE
INTERNATIONAL MARKETS
INVESTMENT CLIMATE
INVESTMENT CLIMATE REFORMS
JOB CREATION
LABOR FORCE
LABOR LAWS
LABOR POLICIES
LABOR REGULATIONS
LABOR STANDARDS
LAND PARCELS
LAND REFORMS
LEGAL FRAMEWORK
LETTERS OF CREDIT
LIVING STANDARDS
LOCAL BUSINESS
LOCAL GOVERNMENTS
LOW-INCOME ECONOMIES
MACROECONOMIC MANAGEMENT
MACROECONOMIC POLICIES
MACROECONOMICS
MARKET STANDARDS
MIDDLE-INCOME COUNTRIES
MINIMUM WAGE
MUNICIPAL BOND
MUNICIPAL BOND MARKET
NATIONAL ECONOMIES
NATIONAL ECONOMY
NET EXPORTS
PERSONAL INCOME
POLICY ENVIRONMENT
POLITICAL CONSIDERATIONS
POLITICAL ECONOMY
POTENTIAL INVESTORS
PRIVATE INVESTMENT
PRIVATE SECTOR DEVELOPMENT
PRIVATIZATION
PRODUCERS
PRODUCTIVITY
PRODUCTIVITY GROWTH
PRODUCTIVITY INCREASES
PROPERTY RIGHTS
PUBLIC FINANCE
PUBLIC INVESTMENT
PUBLIC SPENDING
PUBLIC-PRIVATE PARTNERSHIPS
QUALITY STANDARDS
RAPID DEVELOPMENT
RECURRENT EXPENDITURES
RED TAPE
REGULATORY AGENCIES
REMOTE AREAS
RENT SEEKING
RENTS
SAFETY
SERVANTS
SKILLED LABOR
SMALL BUSINESS
SMALL BUSINESSES
STRUCTURAL CHANGE
SUPPLIERS
SUSTAINABLE GROWTH
TAX CREDIT
TAX RATES
TAX REVENUE
TECHNICAL ASSISTANCE
TECHNOLOGY TRANSFER
TELECOMMUNICATIONS
TRADE POLICIES
TRADE UNIONS
TRANSACTION
TRANSACTION COSTS
UNDERDEVELOPED CAPITAL MARKETS
UNEMPLOYMENT
UNSKILLED WORKERS
VALUE ADDED
WAGES
WORLD ECONOMY
WORLD MARKET
WTO
spellingShingle ACCOUNTING
ADMINISTRATIVE CONTROLS
ADVANCED COUNTRIES
ADVANCED ECONOMIES
AGRICULTURE
BARRIERS TO ENTRY
BOND MARKET
BONDED WAREHOUSE
BUSINESS ENVIRONMENT
BUSINESS ENVIRONMENTS
BUSINESS OPPORTUNITIES
BUSINESS PRACTICES
CAPITAL ACCUMULATION
CAPITAL INTENSITY
CAPITAL MARKETS
COMMODITY
COMMODITY PRICES
COMPARATIVE ADVANTAGE
COMPARATIVE ADVANTAGES
COMPETITIVE MARKET
COMPETITIVENESS
CONFLICT OF INTEREST
CONSUMERS
CREDIBILITY
CURRENCY
CURRENCY DEVALUATIONS
DEVALUATIONS
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPMENT BANK
DEVELOPMENT ECONOMICS
DEVELOPMENT INSTITUTIONS
DEVELOPMENT POLICY
DEVELOPMENT STRATEGIES
DIVIDENDS
DOMESTIC ECONOMY
DOMESTIC MARKETS
DRIVERS
ECONOMIC ACTIVITY
ECONOMIC BENEFITS
ECONOMIC DEVELOPMENT
ECONOMIC DOWNTURN
ECONOMIC GEOGRAPHY
ECONOMIC GROWTH
ECONOMIC HISTORY
ECONOMIC PERFORMANCE
ECONOMIC POLICIES
ECONOMIC PROGRESS
ECONOMIC THEORY
ECONOMIES OF SCALE
ELASTICITY
EMERGING ECONOMIES
EMPIRICAL STUDIES
ENVIRONMENTS
EXPENDITURE
EXPENDITURES
EXPORT BASE
EXPORT GROWTH
EXPORTS
EXTERNALITIES
EXTERNALITY
FINANCIAL RESOURCES
FINANCIAL SERVICES
FINANCIAL SUPPORT
FINANCING ARRANGEMENTS
FOREIGN DIRECT INVESTMENT
FOREIGN EXCHANGE
FOREIGN FIRM
FOREIGN FIRMS
FOREIGN INVESTMENT
FOREIGN INVESTORS
FREE TRADE
GDP
GLOBAL ECONOMY
GLOBAL MARKET
GLOBAL MARKETS
GLOBAL TRADE
GLOBALIZATION
GOVERNANCE ISSUES
GOVERNMENT INTERVENTION
GROWTH RATES
HARMONIZATION
HUMAN CAPITAL
INCOME
INCOME LEVEL
INCOME TAX
INDIVIDUAL FIRMS
INDUSTRIALIZATION
INEFFICIENCY
INFORMATION FLOW
INFRASTRUCTURE PROJECTS
INNOVATION
INNOVATIONS
INSTITUTIONAL CONSTRAINTS
INTANGIBLE
INTERMEDIATE INPUTS
INTERNATIONAL BANK
INTERNATIONAL COMMERCE
INTERNATIONAL MARKETS
INVESTMENT CLIMATE
INVESTMENT CLIMATE REFORMS
JOB CREATION
LABOR FORCE
LABOR LAWS
LABOR POLICIES
LABOR REGULATIONS
LABOR STANDARDS
LAND PARCELS
LAND REFORMS
LEGAL FRAMEWORK
LETTERS OF CREDIT
LIVING STANDARDS
LOCAL BUSINESS
LOCAL GOVERNMENTS
LOW-INCOME ECONOMIES
MACROECONOMIC MANAGEMENT
MACROECONOMIC POLICIES
MACROECONOMICS
MARKET STANDARDS
MIDDLE-INCOME COUNTRIES
MINIMUM WAGE
MUNICIPAL BOND
MUNICIPAL BOND MARKET
NATIONAL ECONOMIES
NATIONAL ECONOMY
NET EXPORTS
PERSONAL INCOME
POLICY ENVIRONMENT
POLITICAL CONSIDERATIONS
POLITICAL ECONOMY
POTENTIAL INVESTORS
PRIVATE INVESTMENT
PRIVATE SECTOR DEVELOPMENT
PRIVATIZATION
PRODUCERS
PRODUCTIVITY
PRODUCTIVITY GROWTH
PRODUCTIVITY INCREASES
PROPERTY RIGHTS
PUBLIC FINANCE
PUBLIC INVESTMENT
PUBLIC SPENDING
PUBLIC-PRIVATE PARTNERSHIPS
QUALITY STANDARDS
RAPID DEVELOPMENT
RECURRENT EXPENDITURES
RED TAPE
REGULATORY AGENCIES
REMOTE AREAS
RENT SEEKING
RENTS
SAFETY
SERVANTS
SKILLED LABOR
SMALL BUSINESS
SMALL BUSINESSES
STRUCTURAL CHANGE
SUPPLIERS
SUSTAINABLE GROWTH
TAX CREDIT
TAX RATES
TAX REVENUE
TECHNICAL ASSISTANCE
TECHNOLOGY TRANSFER
TELECOMMUNICATIONS
TRADE POLICIES
TRADE UNIONS
TRANSACTION
TRANSACTION COSTS
UNDERDEVELOPED CAPITAL MARKETS
UNEMPLOYMENT
UNSKILLED WORKERS
VALUE ADDED
WAGES
WORLD ECONOMY
WORLD MARKET
WTO
Monga, Célestin
Cluster-Based Industrial Parks : A Practical Framework for Action
geographic_facet The World Region
The World Region
relation Policy Research working paper ; no. WPS 5900
description They are being hailed as the new Holy Grail of economic development. The success of special economic zones (SEZ) in general and specialized ones in particular (industrial and technology parks) in countries as diverse as Australia, Denmark, Sweden, Germany, Switzerland, Ireland, Japan, the United Kingdom, the United States, and more recently, China; Korea; Taiwan, China; or Mauritius, has led several African leaders to launch new similar initiatives. This paper establishes a common point of reference for those who believe in the virtues of SEZs, explains why the many existing ones have not delivered the expected outcomes, and summarizes the key issues on the agenda. It then suggests cluster-based industrial parks as the most effective tool for developing competitive industries and generating employment, and provides some practical guidance to development practitioners and policymakers on the road ahead.
format Publications & Research :: Policy Research Working Paper
author Monga, Célestin
author_facet Monga, Célestin
author_sort Monga, Célestin
title Cluster-Based Industrial Parks : A Practical Framework for Action
title_short Cluster-Based Industrial Parks : A Practical Framework for Action
title_full Cluster-Based Industrial Parks : A Practical Framework for Action
title_fullStr Cluster-Based Industrial Parks : A Practical Framework for Action
title_full_unstemmed Cluster-Based Industrial Parks : A Practical Framework for Action
title_sort cluster-based industrial parks : a practical framework for action
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=000158349_20111206131502
http://hdl.handle.net/10986/3667
_version_ 1764387713116536832
spelling okr-10986-36672021-04-23T14:02:11Z Cluster-Based Industrial Parks : A Practical Framework for Action Monga, Célestin ACCOUNTING ADMINISTRATIVE CONTROLS ADVANCED COUNTRIES ADVANCED ECONOMIES AGRICULTURE BARRIERS TO ENTRY BOND MARKET BONDED WAREHOUSE BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS BUSINESS OPPORTUNITIES BUSINESS PRACTICES CAPITAL ACCUMULATION CAPITAL INTENSITY CAPITAL MARKETS COMMODITY COMMODITY PRICES COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES COMPETITIVE MARKET COMPETITIVENESS CONFLICT OF INTEREST CONSUMERS CREDIBILITY CURRENCY CURRENCY DEVALUATIONS DEVALUATIONS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT BANK DEVELOPMENT ECONOMICS DEVELOPMENT INSTITUTIONS DEVELOPMENT POLICY DEVELOPMENT STRATEGIES DIVIDENDS DOMESTIC ECONOMY DOMESTIC MARKETS DRIVERS ECONOMIC ACTIVITY ECONOMIC BENEFITS ECONOMIC DEVELOPMENT ECONOMIC DOWNTURN ECONOMIC GEOGRAPHY ECONOMIC GROWTH ECONOMIC HISTORY ECONOMIC PERFORMANCE ECONOMIC POLICIES ECONOMIC PROGRESS ECONOMIC THEORY ECONOMIES OF SCALE ELASTICITY EMERGING ECONOMIES EMPIRICAL STUDIES ENVIRONMENTS EXPENDITURE EXPENDITURES EXPORT BASE EXPORT GROWTH EXPORTS EXTERNALITIES EXTERNALITY FINANCIAL RESOURCES FINANCIAL SERVICES FINANCIAL SUPPORT FINANCING ARRANGEMENTS FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN FIRM FOREIGN FIRMS FOREIGN INVESTMENT FOREIGN INVESTORS FREE TRADE GDP GLOBAL ECONOMY GLOBAL MARKET GLOBAL MARKETS GLOBAL TRADE GLOBALIZATION GOVERNANCE ISSUES GOVERNMENT INTERVENTION GROWTH RATES HARMONIZATION HUMAN CAPITAL INCOME INCOME LEVEL INCOME TAX INDIVIDUAL FIRMS INDUSTRIALIZATION INEFFICIENCY INFORMATION FLOW INFRASTRUCTURE PROJECTS INNOVATION INNOVATIONS INSTITUTIONAL CONSTRAINTS INTANGIBLE INTERMEDIATE INPUTS INTERNATIONAL BANK INTERNATIONAL COMMERCE INTERNATIONAL MARKETS INVESTMENT CLIMATE INVESTMENT CLIMATE REFORMS JOB CREATION LABOR FORCE LABOR LAWS LABOR POLICIES LABOR REGULATIONS LABOR STANDARDS LAND PARCELS LAND REFORMS LEGAL FRAMEWORK LETTERS OF CREDIT LIVING STANDARDS LOCAL BUSINESS LOCAL GOVERNMENTS LOW-INCOME ECONOMIES MACROECONOMIC MANAGEMENT MACROECONOMIC POLICIES MACROECONOMICS MARKET STANDARDS MIDDLE-INCOME COUNTRIES MINIMUM WAGE MUNICIPAL BOND MUNICIPAL BOND MARKET NATIONAL ECONOMIES NATIONAL ECONOMY NET EXPORTS PERSONAL INCOME POLICY ENVIRONMENT POLITICAL CONSIDERATIONS POLITICAL ECONOMY POTENTIAL INVESTORS PRIVATE INVESTMENT PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PRODUCERS PRODUCTIVITY PRODUCTIVITY GROWTH PRODUCTIVITY INCREASES PROPERTY RIGHTS PUBLIC FINANCE PUBLIC INVESTMENT PUBLIC SPENDING PUBLIC-PRIVATE PARTNERSHIPS QUALITY STANDARDS RAPID DEVELOPMENT RECURRENT EXPENDITURES RED TAPE REGULATORY AGENCIES REMOTE AREAS RENT SEEKING RENTS SAFETY SERVANTS SKILLED LABOR SMALL BUSINESS SMALL BUSINESSES STRUCTURAL CHANGE SUPPLIERS SUSTAINABLE GROWTH TAX CREDIT TAX RATES TAX REVENUE TECHNICAL ASSISTANCE TECHNOLOGY TRANSFER TELECOMMUNICATIONS TRADE POLICIES TRADE UNIONS TRANSACTION TRANSACTION COSTS UNDERDEVELOPED CAPITAL MARKETS UNEMPLOYMENT UNSKILLED WORKERS VALUE ADDED WAGES WORLD ECONOMY WORLD MARKET WTO They are being hailed as the new Holy Grail of economic development. The success of special economic zones (SEZ) in general and specialized ones in particular (industrial and technology parks) in countries as diverse as Australia, Denmark, Sweden, Germany, Switzerland, Ireland, Japan, the United Kingdom, the United States, and more recently, China; Korea; Taiwan, China; or Mauritius, has led several African leaders to launch new similar initiatives. This paper establishes a common point of reference for those who believe in the virtues of SEZs, explains why the many existing ones have not delivered the expected outcomes, and summarizes the key issues on the agenda. It then suggests cluster-based industrial parks as the most effective tool for developing competitive industries and generating employment, and provides some practical guidance to development practitioners and policymakers on the road ahead. 2012-03-19T18:06:30Z 2012-03-19T18:06:30Z 2011-12-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111206131502 http://hdl.handle.net/10986/3667 English Policy Research working paper ; no. WPS 5900 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper The World Region The World Region