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| Author | : Aradhna Aggarwal |
| Publisher | : |
| Total Pages | : 300 |
| Release | : 2012 |
| Genre | : Economic development |
| ISBN | : 9780199081035 |
Looks at the socio-economic impact of special economic zones (SEZs) in India, exploring government policy and their potential as a major development strategy.
| Author | : Arkebe Oqubay |
| Publisher | : Oxford University Press |
| Total Pages | : 800 |
| Release | : 2020-07-23 |
| Genre | : Business & Economics |
| ISBN | : 0192590944 |
Industrialization supported by industrial hubs has been widely associated with structural transformation and catch-up. But while the direct economic benefits of industrial hubs are significant, their value lies first and foremost in their contribution as incubators of industrialization, production and technological capability, and innovation. The Oxford Handbook of Industrial Hubs and Economic Development adopts an interdisciplinary approach to examine the conceptual underpinnings, review empirical evidence of regions and economies, and extract pertinent lessons for policy reasearchers and practitioners on the key drivers of success and failure for industrial hubs. This Handbook illustrates the diverse and complex nature of industrial hubs and shows how they promote industrialization, economic structural transformation, and technological catch-up. It explores the implications of emerging issues and trends such as environmental protection and sustainability, technological advancement, shifts in the global economy, and urbanization.
| Author | : Arpita Mukherjee |
| Publisher | : Springer |
| Total Pages | : 280 |
| Release | : 2016-07-14 |
| Genre | : Political Science |
| ISBN | : 8132228065 |
This book examines India’s ten years of experience developing Special Economic Zones (SEZs) and the performance of SEZs in the context of India’s growing international engagement, its endeavours to attract domestic and foreign investment in manufacturing and services and its aim to increase and diversify exports of goods and services. SEZs are industrial enclaves/clusters within a country that receive certain incentives and business facilitation benefits that are not generally available to the rest of the country. To facilitate private and foreign investment in SEZs, India introduced the SEZ policy in 2000, which was followed by the SEZ Act in 2005. After ten years under the Act, India now has one of the largest number of approved SEZs in the world and its SEZ policy remains heatedly debated, with a number of studies arguing both for and against it. Given this background, the book also identifies the challenges faced by SEZs in India and offers policy recommendations on how to make the SEZs an engine for India’s economic growth and development that can more effectively link the country’s manufacturing and services sectors to global value chains.
| Author | : Shashank Shende |
| Publisher | : Peter Lang Incorporated, International Academic Publishers |
| Total Pages | : |
| Release | : 2021 |
| Genre | : Economic development |
| ISBN | : 9781433184376 |
This study examines the contribution of Gujarat Special Economic Zones (SEZs) in socioeconomic development.
| Author | : Aradhna Aggarwal |
| Publisher | : Oxford University Press |
| Total Pages | : 422 |
| Release | : 2012-01-25 |
| Genre | : Business & Economics |
| ISBN | : 0199088691 |
This book provides a comprehensive review of the evolution and performance of SEZs from a historical and comparative perspective by tracing the experiences of SEZs in 23 developing countries, including Korea, Taiwan, and China. Using a framework that integrates the basic tenets of the industrial cluster approach with existing theories, it proposes a set of evaluation criteria for SEZs. Analysing quantitative data provided by the Ministry of Commerce and qualitative evidence based on field surveys conducted during 2004–9, the book assesses the economic contribution in the pre- and post-SEZ Act periods in India. Exploring the impact of SEZs on employment, trade, foreign exchange earnings, government revenue, and technology transfers, it also examines evidence of social effects vis-à-vis land acquisition, human development, regional inequities, and environmental protection. Discussing the impact of internal dynamics and external forces on future prospects of SEZs, it offers constructive suggestions to make policy investor-friendly and successful.
| Author | : Amitendu Palit |
| Publisher | : Anthem Press |
| Total Pages | : 216 |
| Release | : 2008-07-01 |
| Genre | : Business & Economics |
| ISBN | : 1843313499 |
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.
| Author | : Thomas Farole |
| Publisher | : World Bank Publications |
| Total Pages | : 328 |
| Release | : 2011-01-01 |
| Genre | : Business & Economics |
| ISBN | : 0821386395 |
"This book, designed for policymakers, academics and researchers, and SEZ program practitioners, provides the first systematic and comprehensive analysis of SEZ programs in Sub-Saharan Africa. It is the result of detailed surveys and case studies conducted during 2009 in ten developing countries, including six in Sub-Saharan Africa. The book provides quantitative evidence of the performance of SEZs, and of the factors which contribute to that performance, highlighting the critical importance not just of the SEZ itself but of the wider national investment climate in which it functions. It also provides a comprehensive guide to the key policy questions that confront governments establishing SEZ programs, including: if and when to launch an SEZ program, what form of SEZ is most appropriate, and how to go about implementing it. Among the most important findings from the study that is stressed in the book is the shift from traditional enclave models of zones to SEZs that are integrated ? with national trade and industrial strategies, with core trade and social infrastructure, with domestic suppliers, and with local labor markets.Although the book focuses primarily on the experience of Sub-Saharan Africa, its lessons will be applicable to developing countries around the world."
| Author | : Thomas Farole |
| Publisher | : World Bank Publications |
| Total Pages | : 347 |
| Release | : 2011-08-01 |
| Genre | : Business & Economics |
| ISBN | : 0821387634 |
For countries as diverse as China and Mauritius, Special Economic Zones (SEZs) have been a powerful tool to attract foreign investment, promote export-oriented growth, and generate employment; for many others, the results have been less than encouraging. While the benefits and limitations of zones will no doubt continue to be debated, what is clear is that policymakers are increasingly attracted to them as an instrument of trade, investment, industrial, and spatial policy. Since the mid 1980s, the number of newly-established zones has grown rapidly in almost all regions, with dramatic growth in developing countries. In parallel with this growth and in the evolving context of global trade and investment, zones are also undergoing significant change in both their form and function, with traditional export processing zones (EPZs) increasingly giving way to larger and more flexible SEZ models. This new context will bring significant opportunities for developing countries to take advantage of SEZs, but will also raise new challenges to their successful design and implementation. This volume aims to contribute to a better understanding of the role and practice of SEZs in developing countries, in order to better equip policymakers in making effective decisions in planning and implementing SEZ programs. It covers some of the emerging issues and challenges in SEZs including upgrading, regional integration, WTO compliance, innovation, the environment, and gender issues with practical case examples from SEZ programs in developing countries.
| Author | : Saeed Khan |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2014 |
| Genre | : |
| ISBN | : |
Export Processing Zones (EPZs) are an international phenomenon influencing increasing share of trade flows and employing a growing number of workers. From 176 zones across 47 countries in 1986; the number had increased to over 3,000 across 116 countries by 2003. India also favours this so in the year 2000, the government replaced the old EPZ regime by a new scheme of "Special Economic Zones" (SEZs) with several lucrative incentives/benefits that were not available in the earlier scheme. And in 2005, it enacted the SEZ Act and the SEZ Rules were notified in February 2006. The policy was expected to give a big push to exports, employment and investment in SEZs. The Ministry of Commerce and Industry claims that these zones will attract investment of about Rs 1,00,000 crore including FDI of Rs 25,000 crore and create additional 5,00,000 direct jobs, by December 2007. The promotion of SEZs is an attempt to deal with infrastructural deficiencies, procedural complexities, bureaucratic hassles and barriers raised by monetary, trade, fiscal, taxation, tariff and labour policies. These structural bottlenecks affect the investment climate adversely by increasing production and transaction costs. Since country-wide development of infrastructure is expensive and implementation of structural reforms would require time, due to given socio-economic and political institutions, the establishment of SEZ is seen as an important strategic tool for expediting the process of industrialisation. The zones offer numerous benefits such as, (i) tax incentives, (ii) provision of standard factories/plots at low rents with extended lease period, (iii) provision of infrastructure and utilities, (iv) single window clearance, (v) simplified procedures, and (vi) exemptions from various restrictions that characterise the investment climate in the domestic economy. These benefits definitely help businesses for conducive environment to attract local and foreign investment. The competitive advantages of zones may also be explained within the framework of the "cluster approach". Zones are industrial clusters where external economies of scale and other advantages help the operating firms in reducing costs, developing competitive production systems and attracting investment, in particular, FDI. As a result of these benefits, India started promoting SEZ with the expectation that they will provide the engine of growth to propel industrialisation.
| Author | : Lotta Moberg |
| Publisher | : Taylor & Francis |
| Total Pages | : 205 |
| Release | : 2017-03-16 |
| Genre | : Business & Economics |
| ISBN | : 1315298945 |
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.
