Assessing the Role of Local Governments in Line with the ‘Special Economic Zones’ Agenda: Case on Shenzhen in Guangdong and Kandla Export Processing Zone in Gujarat, India

Author(s):  
Young-Chan Kim
2015 ◽  
Vol 2 (2) ◽  
Author(s):  
Sandeep Jain

India’s Export Processing Zone Scheme, launched in 1965, was the precursor to the present day SEZ (Special Economic Zones) Scheme. The SEZ Act was enacted in 2005 and made operational through SEZ Rules in February 2006. The SEZ scheme provides an ecosystem conducive to exports, wherein all clearances, starting from setting up of the unit, allocation of space, approval of raw material, capital goods, issuance of letters of permission, monitoring of exports, permission for sale in DTA (Domestic Tariff Area) etc. are provided at one place. The services sector is an extremely important component of our foreign trade and there are large inflows of investment into SEZs (specifically for software exports) and this trend is likely to continue over the next decade. In the light of this, we examine whether intended benefits are being achieved through the SEZ scheme and the related tax incentives. We also look at the concerns in the area of SEZs.


2019 ◽  
pp. 154-170
Author(s):  
Fauzia Mubarik ◽  
Javeria Shabbir

This qualitative research study aims to investigate the role played by the established special economic zones under the program of the China-Pakistan Economic Corridor to improve and upgrade the energy sector in Pakistan. The key role of China under the Joined Cooperation Committee formed in 2013 has paved ways for Pakistan to bring profound stability in the energy crisis being faced by Pakistan which is also evident from its most recent investment of 33.45 billion Rupees under the CPEC mega energy project respectively. The availability of approximately 10,000 megawatts electricity to the National Grid of Pakistan in the year 2018 is near to its accomplishment phase. However, this accomplishment poses itself many challenges that may halter the smooth reviving of the energy and power crisis. The challenge of bridging the gap between the purchase prices of the electricity distribution companies (DISCOS) and the sales revenue generated as well as the inclusion of more hydropower projects because of them being less expensive than the wind power projects respectively.


2015 ◽  
Vol 06 (01) ◽  
pp. 1550006 ◽  
Author(s):  
Malini L. Tantri

This paper analyzes the fiscal implications of special economic zones (SEZs) on the government exchequer. The analysis is based on aggregating data collected from seven conventional SEZs and taking 1990–1991 to 2007–2008 as the reference period. The exercise reveals that the government has spent huge sums of money to play the role of a trade facilitator and has, in the process, lost considerable revenue as a fiscal manager. This, in turn, has affected both revenue and capital expenditure of the government's budget. Given the magnitude of these costs, one cannot but raise questions about the actual contributions of these enclaves to the national fiscal health and the feasibility of relentlessly adopting measures that seeks to promote these zones across the nation.


2020 ◽  
Vol 1 (2) ◽  
pp. 40-54
Author(s):  
Nurafni Irma Suryani ◽  
Ratu Eva Febriani

Special Economic Zones are very important for the progress of an area. SEZ is able to contribute to the regional economy and increase economic development by providing direct and indirect effects. The purpose of this study is to determine the impact of special economic zones on regional economic development. The object of this study is to explore the establish SEZ in Indonesia just only refer to two SEZs namely SEI Mangke and Tanjung Lesung. This research used literature study as a method. The results show that SEZ make the regional economy is starting to move towards a better direction. The role of two SEZs observed have different impact on regional economy, SEI Mangke has a positive impact on macroeconomy indicator such as reduced unemployment, reduced poverty and an increased economic growth rate in Simalungun Regency. Otherwise, Tanjung Lesung just has a positive impact on MSMEsKeywords: Unemployment, Poverty, Economic Growth, Pengembangan UMKM, SEZ Sei Mangke, SEZ Tanjung Lesung


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