Special economic zones as an instrument to stimulate export production and economic growth within South Africa

1992 ◽  
Vol 9 (4) ◽  
pp. 397-410 ◽  
Author(s):  
A A Lightelm ◽  
A Wilsenach
2016 ◽  
Vol 9 (3) ◽  
pp. 749-768
Author(s):  
Nadea Le Roux ◽  
Anculien Schoeman

The South African government is dedicated to improving the country’s economy. The establishment of economic zones is used throughout the world as a method to improve a country’s economic growth. The main purpose of this study is to compare the key aspects of the new Special Economic Zones (SEZ) Programme in South Africa to those of Malaysia and Indonesia, since both these countries have successfully established SEZs which have contributed to the development of these countries. It was found that South Africa’s programme design was on par with that of these two countries, but further recommendations were made.


2020 ◽  
Author(s):  
Mwanda Phiri ◽  
Shimukunku Manchishi

The successful use of special economic zones as economic tools for export-led industrial development in East Asia propelled a wave of similar initiatives across Africa. In Southern Africa, Zambia and South Africa instituted special economic zones in their respective legal and institutional frameworks in the 2000s as mechanisms for catalysing industrialization and employment creation by means of domestic and foreign investments. Using a case-study approach, we find that special economic zones in the Eastern Cape, South Africa, are largely latent drivers of growth and employment hampered by inadequate infrastructure financing and provision and weak local supplier capabilities. Special economic zones in Lusaka, Zambia, face similar constraints but are further hampered by inadequate business services provision, burdensome regulations and business procedures, a fragmented incentive framework, institutional coordination failures, and a weak design that does not leverage strategic anchor industries for greater agglomeration economies, thus rendering them more of white elephants.


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


ETIKONOMI ◽  
2021 ◽  
Vol 20 (2) ◽  
pp. 259-274
Author(s):  
Shujaa Waqar ◽  
Iftikhar Badshah ◽  
Marium Sara Minhas Bandeali ◽  
Saira Ahmed

This study designs to assess and infer the effect of Special Economic Zones under China-Pakistan Economic Corridor on the economic growth of Pakistan through technological spillovers and the absorption capacity of domestic laborers. The present study develops a theoretical model and an empirical panel model to test whether the intervention of Special Economic Zones in the Asian developing countries has affected their economic growth through domestic Human Capital. For relevant results, we have employed the GMM model for the panel data set. The results indicate that the technological enhancement accumulates the economy through various other selected indicators rather than domestic labor productivity. The human capital remains inconsequent in this nexus. This condition gives us guidelines to follow pro-human capital policies to accumulate domestic human capital before the intervention from the foreign firms on our soil. Subsequently, much waited for dynamic or long-run benefits in terms of human capital can be attained rather than static effects.JEL Classification: C23, D24, J24How to Cite:Waqar, S., Badshah, I., Bandeali, M. S. M., & Ahmed, S. (2021). The Impact of Special Economic Zones (SEZs) on Economic Growth: Where the Absorption Capacity of Domestic Labor Stands?. Etikonomi, 20(2), xx – xx. https://doi.org/10.15408/etk.v20i2.19386.


Author(s):  
Victoria Natali Makalew ◽  
Vecky A.J. Masinambow ◽  
Een N. Walewangko

ANALISIS KONTRIBUSI KAWASAN EKONOMI KHUSUS (KEK) TERHADAP STRUKTUR PEREKONOMIAN SULAWESI UTARA  Victoria Natali Makalew, Vecky A.J. Masinambouw, Een N. WalewangkoEkonomi Pembangunan – Fakultas Ekonomi dan BisnisUniversitas Sam ratulangi ABSTRAKSektor industri dianggap mampu untuk mendongkrak sektor-sektor lainnya dalam meningkatkan pertumbuhan ekonomi suatu daerah untuk itulah diperlukan Kawasan Ekonomi Khusus Bitung dengan core business Industri pengolahan perikanan, industri pengolahan kelapa ,industri farmasi  dan logistik yang dipercaya dapat menarik investasi serta membuka lapangan pekerjaan.                Adapun tujuan dari penelitian ini adalah mengukur peranan Kawasan Ekonomi Khusus Bitung dalam Kontribusi khususnya Sektor industri pada Perekonomian Sulawesi Utara. Dalam penelitian ini digunakan Metode Deskriptif Proyeksi untuk melakukan perhitungan berapa kontribusi dari nilai tambah yang akan didapat dengan adanya KEK terhadap indutri kecil, menengah dan besar dengan kajian finansial dari fisibility study awal pembentukan KEK dan Metode Analisa Korelasi untuk membahas seberapa kuat hubungan dan apakah terdapat perbedaan antara adanya KEK dengan tidak adanya KEK terhadap sektor industri untuk perubahan struktur perekonomian provinsi Sulawesi Utara dengan  data primer yang diperoleh dari hasil interview dan data sekunder yang diambil dari BPS, dan Kajian Finansial dari Studi Kelayakan Awal pendirian Kawasan Ekonomi Kota Bitung juga metode penelitian pustaka. Dari hasil analisis menunjukkan korelasi industri menengah yang tertinggi untuk ke tiga skenario yang ada (Moderat, Optimis dan Pesimis). Ini berarti bahwa pengembangan industri menengah Kawasan Ekonomi Khusus Bitung memberikan multiplier efek bagi peningkatan pertumbuhan ekonomi di Provinsi Sulawesi Utara dan Kota Bitung, terutama pada peningkatan penyerapan tenaga kerja, peningkatan kontribusi industri menegah pada Struktur Ekonomi pembentuk PDRB.  Kata Kunci : Sektor Industri, Struktur Ekonomi, Produk Domestik Regional Bruto, Kawasan Ekonomi Khusus (KEK) ABSTRACTThe industrial sector is considered able to boost other sectors in c promoting economic growth of a region that is required for Special Economic Zones with core business in Bitung fishery processing industry, oil processing industry, pharmaceutical industry and logistics that are believed to attract investment and create jobs .The purpose of this study was to measure the role of Special Economic Zones Contributions city of Bitung in particular the industrial sector in North Sulawesi's economy. This study used a descriptive method Projections for calculating the contribution of added value to be gained by the KEK to the industries of small, medium and large with a financial review of Visibility study the early formation of KEK and Correlation Analysis Method to discuss how strong the relationship and whether there is a difference among their KEK in the absence of the industrial sector to change the economic structure of North Sulawesi province with primary data obtained from interviews and secondary data drawn from the CPM and Financial Assessment of Feasibility study Preliminary Economic Zones establishment of Bitung also library research methods. The analysis showed that the highest correlation medium industries for the three scenarios exist (Moderate, Optimistic and Pessimistic). This means that the development of secondary industries Special Economic Zone Bitung provide a multiplier effect for economic growth in the province of North Sulawesi and Bitung, especially on increasing employment, increase the industry's contribution to the Economic Structure-forming medium PDRB. Keywords: Industrial Sector, Economic Structure, Gross Domestic Product, Special Economic Zones (SEZs) 


2017 ◽  
Vol 6 (1) ◽  
pp. 78-89
Author(s):  
Wang Yong ◽  
Chongsheng Yang

Although many special economic zones (hereinafter SEZs) currently identified themselves as a “platform (often as physical constrictions for zone enterprises),” the academic support is inadequate. This paper offers an introduction to the burgeoning literature on two-sided (or multi-sided) markets and illustrates a feasible analysis on how to adopt this model in designing a well-operated system focusing on the land rentals within a apecial economic zone (SEZ), and provides some theoretical support in this research area. In many industries, platforms match relevant parties, e.g. customers to retailers, advertisers to readers, and facilitate interactions between them. Based on this, the paper tries to design a structure for analysing SEZs, which is considered as an efficient method for economic growth. Key characteristics of these markets, regarding network externalities, fee charging strategies and the relation between platform users are discussed first. Afterwards, the possibility of introducing this model into SEZs land use fee charging policies is examined. Finally, the paper provides some key economic insights on SEZs development under the suggested platform model.


Urban Forum ◽  
2013 ◽  
Vol 24 (2) ◽  
pp. 205-217 ◽  
Author(s):  
Etienne L. Nel ◽  
Christian M. Rogerson

2020 ◽  
Vol 28 (2) ◽  
pp. 171-194
Author(s):  
Emmanuel Laryea ◽  
Dennis Ndonga ◽  
Bosire Nyamori

In 2015, Kenya adopted a Special Economic Zone (SEZ) policy as one of its major economic growth and development pillars aimed at attracting investments to the country's manufacturing sector. However, the current SEZ scheme is not the first of such schemes adopted by Kenya – it is the latest in a string of schemes adopted in the last five decades. As the earlier schemes were mostly unsuccessful, the question is why would this new SEZ scheme succeed? This article examines Kenya's experience with SEZ. It assesses the scheme's legal and institutional framework, offers a critique of the scheme and makes some recommendations.


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