scholarly journals Positive impacts of foreign direct investment on socioeconomic development in Vietnam’s Southern Key Economic Region

2015 ◽  
Vol 18 (3) ◽  
pp. 18-29
Author(s):  
Hung Van Pham
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Socioeconomic Development ◽  
Special Economic Zones ◽  
Economic Region ◽  
Investment Environment ◽  
Policy Makers ◽  
Economic Zones ◽  
Positive Impacts ◽  
Fdi Attraction

This paper evaluates the attraction of foreign direct investment (FDI) and its positive impacts on the socioeconomic growth in the special economic zones in Vietnam’s Southern Key Economic Region. Findings of the study confirm theories of FDI attraction. In particular, to promote the socioeconomic development in each area, it is necessary to improve the investment environment and enhance the FDI. Furthermore, the findings also provide researchers and policy makers a more comprehensive understanding about the current situation of the FDI attraction in the special economic zones in the Vietnam’s Southern Key Economic Region

Casinos as Special Zones

2021 ◽  
Author(s):  
Juan Zhang
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Special Economic Zones ◽  
Economic Zones

This chapter offers a reflection on the speculative ways in which global casino hotels become new zones of development in many Asian destinations. As ultra-modern integrated resorts developed to boost tourism and foreign direct investment, these casino and entertainment enclaves carve out exceptional spaces in search of profit and legitimacy. Looking at casino establishments in Asia’s special economic zones, this chapter examines the development of casino zones as a strategy for progress in places still marred by underdevelopment. New casino zones create novel forms of territorialisation and responsibilisation, enabling differentiated biopolitics of control.

Sino-substitution: Chinese foreign direct investment in Zambia

2014 ◽  
Vol 7 (2) ◽  
pp. 90-109 ◽  
Author(s):  
Stuart John Barton
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
English Language ◽  
Primary Data ◽  
Special Economic Zones ◽  
Content Type ◽  
Chinese Investment ◽  
Elite Interviews ◽  
Chinese Foreign Direct Investment ◽  
Economic Zones

Purpose – This paper aims to establish the level (if any) of Chinese State influence on setting the terms of Foreign Direct Investment in Zambia, specifically their influence on improving access for Chinese investors through the establishment of Special Economic Zones. Design/methodology/approach – The paper presents a process trace to test primary archival data and elite interviews against growing academic and popular “China in Africa” literature. Findings – After examining primary data, existing academic and popular literature is found to poorly describe China’s economic influence in Zambia, primarily by largely speculating on non-evident coercive investment practices. Instead, the paper concludes that similarities between new Chinese investment and retreating Western sources in Africa can better be described as “Sino-Substitution”. Research limitations/implications – The primary research has focused on English language Zambian sources; access to further Chinese sources would improve the breadth of the study. Practical implications – The study has found the terms of new Chinese investment in Zambia to be far more calculated, consensual and symbiotic than described in the existing literature. This more balanced view of Chinese investment is important if other foreign investors are to retain or regain competitive advantage in the region. Originality/value – No existing research has traced empirically the process through which the Zambian Government developed Special Economic Zones into the country’s largest investment vehicle, or how Chinese investment came to dominant capital flows within them. As investment in these zones grows, a better understanding of the Zambia–China relationship should help other investors compete, and improve Zambia’s access to capital.

scholarly journals Identify Factors Affecting Foreign Direct Investment Capital In The Southern Key Economic Region

2019 ◽  
Vol 22 (2) ◽  
pp. 275-288
Author(s):  
Tran Thi Kim Dao ◽  
Nguyen Van Luan
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Trade Openness ◽  
Estimation Method ◽  
Economic Region ◽  
Factors Affecting ◽  
Effect Model ◽  
Investment Capital ◽  
Fdi Attraction

This paper focuses on building research model and analyzing the main factors influencing foreign direct investment (FDI) attraction in the Southern Key Economic Region during the period of 2005 - 2016. Based on theories and empirical studies, the authors identified the key factors that affect FDI attraction in that area. Through the development of hypotheses, a quantitative research mode l with Stata software help ed to select an estimation method with reliable and effective test results. The selected research method was the estimation method according to 3 approaches: OLS (P OOLED Regress Model) the least estimation method, Fix Effect Model (FEM), and Random Effect Model (REM). The research model used was the Panel Data model. The author performed the test hypotheses for the factors affecting FDI attraction in the Southern Key Economic Region. After regression with 3 methods (POOLED, FEM, and REM), and using F-Test and Breusch Pagan Test, the aim was to estimate the efficiency of the model and consider the simultaneous effects of independent variables on the dependent variable. These include d the following factors: market size, infrastructure, labor force, quality of human resources, market openness, trade openness, and institutional quality. Examining the relationship between market size, infrastructure development, labor force, quality of human resources, trade openness and institutional quality of FDI attraction into the Southern Key Economic Region, the authors select ed the Pooled Regression Model. The results of this paper may partly help policymakers to have an overall vision and may contribute to the development of appropriate solutions and strategies to attract and effectively use foreign direct investment capital to promote the socio-economic development of the region. Furthermore, the findings may contribute to guidelines to attract and make better use of these funds in the future, better serving the economic development of this region.  

scholarly journals The Impact of Globalisation on Employment Statute Related to Employers in Zimbabwe

2021 ◽  
Vol 10 (4) ◽  
pp. 42-65
Author(s):  
Cleopas Fore ◽  
◽  
Wilfred Ukpere ◽  
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Positive Impact ◽  
Social Aspects ◽  
Special Economic Zones ◽  
The World ◽  
Contract Of Employment ◽  
Labour Legislation ◽  
Economic Zones ◽  
The Impact

Globalisation led to the reduction of barriers between countries and intensified international interdependency such that developments unfolding in a faraway country now affect the rest of the world in economic, political and social aspects (Giddens, 1990). The Zimbabwean labour market and its national labour legislation has not been spared from the impact of globalisation. Zimbabwean labour legislation had had several amendments from its inception in 1985 to date. The amendments done at each epoch had caused serious outcry from both labour and business with the main accusations arising from unions who claimed that the effects of globalisation and government’s desire to lure foreign direct investment (FDI) led to serious bias towards employers. It is against this background that this article’s objective is to interrogate the impact of globalisation on labour legislation for employers. The article adopted a qualitative paradigm and made use of interviews and participants' memoirs to understand this phenomenon. Results were analysed thematically by use of both Nvivo 10 and manual coding. Results showed that globalisation has impact on labour legislation for employers. Foreign direct investment and special economic zones were identified as drivers of globalisation responsible for positive impact on labour legislation for employers by influencing deregulation of unfriendly employment laws, instituting flexible contract of employment, easy termination of contracts of employment and giving immunity from dictates of the labour laws for employers operating in special economic zones. The positives of globalisation for employers resulted in direct negatives for employees. The article recommends that employers need to put into context both globalisation dynamics and dictates of the labour legislation to ensure employee dignity and fair globalisation

scholarly journals Foreign Direct Investment and Special Economic Zones in Latvia

2018 ◽  
Vol 6 (1) ◽  
pp. 240-252
Author(s):  
Ivo Gulbis
Keyword(s):  
Foreign Direct Investment ◽  
Statistical Analysis ◽  
Direct Investment ◽  
Scientific Conference ◽  
Special Economic Zones ◽  
Success Stories ◽  
Statistical Similarity ◽  
Economic Zones ◽  
Insight Into ◽  
Point Of Reference

Abstract The paper aims at providing insight into the effectiveness of Latvian special economic zones (SEZ) as a tool to attract foreign direct investment (FDI). The goal is accomplished through the statistical analysis of relevant data and the comparison with international examples to establish a point of reference. Countries of comparison are chosen by merit, in the form of widely acknowledged success stories regarding SEZ policy, and relative statistical similarity. The wider the pool of examples, the more conclusions can be drawn about the effectiveness of SEZ in various metrics. Based on the results, Latvian special economic zones have significantly underperformed when compared to every single example on the list. Research has been approbated in the Riga Technical University 58th International Scientific Conference “Scientific Conference on Economics and Entrepreneurship” (SCEE’2017).

scholarly journals THE ROLE OF SPECIAL ECONOMIC ZONES IN ATTRACTING FOREIGN DIRECT INVESTMENT TO DEVELOPING ECONOMIES

2020 ◽  
pp. 16-29
Author(s):  
L. V. Progunova ◽  
V. I. Masalytin
Keyword(s):  
Developing Countries ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Developing Economies ◽  
Well Being ◽  
Economic Downturn ◽  
Special Economic Zones ◽  
Geographical Regions ◽  
Economic Zones ◽  
The Impact

The article analyzes the possibilities of developing countries to use special economic zones (SEZs) to attract foreign direct investment (FDI) as a source of economic growth, especially in times of global economic downturn. Special economic zones have played and continue to play an important role as drivers of the global economy, passing through themselves about 30 percent of world trade and affecting the growth of well-being and prosperity of people around the world. Each zone is unique and has its own specialization. Subject to a well-thoughtout concept, political will, the maintenance of an adequate infrastructure, and the use of world best practices, SEZs help to attract investments to create jobs, increase income and export, receive foreign exchange, connect to international supply chains and develop indirect employment outside the SEZ, but inside economies that accept FDI. The impact of SEZs on FDI inflows is examined using examples from different geographical regions. More than two thirds of the SEZ managed to attract FDI to their territory, and about half – significant. The leaders in attracting foreign direct investment are zones created on the territory of developing countries and especially Asian states. Among the top ten zones for attracting FDI, eight zones have been created in the developing world. In our opinion, these results can be considered essential for the further study, use and improvement of the SEZ instrument as an investment driver of developing economies.

scholarly journals The process of decision-making of foreign direct investment in special economic areas

2018 ◽  
Vol 9 ◽  
pp. 1-17
Author(s):  
José G. Vargas-Hernández ◽  
Vania Y. López-Mayorga
Keyword(s):  
Decision Making ◽  
Foreign Direct Investment ◽  
Comparative Analysis ◽  
Direct Investment ◽  
Special Economic Zones ◽  
Foreign Companies ◽  
Active Population ◽  
Economic Zones ◽  
Global Indicator ◽  
Location Strategies

The objective of this paper is to analyze the decision making process on foreign direct investment (FDI) as well as the location strategies used as the main objective which is the achievement of greater profits via cost reduction. Part of the assumption that the Special Economic Zones (ZEE) recently decreed (2016) offer tax incentives that allow them to reduce costs to foreign companies, encouraging them to establish them in these areas. A comparative analysis of the EEZs with the state of Jalisco as a reference, since this is characterized as an industrialized and attractive state for the arrival of FDI. The method used was a comparative analysis of the descriptive scope of variables such as population by age group, level of education and the Global Indicator of Economic Activity (IGAE), as well as the IED. Finally, the main conclusion is that the strength of these states under the EEZ regime is the Economically Active Population (EAP). However, the decree that establishes these special zones in Mexico must be accompanied by policies that strengthen the educational and social and security conditions in these States. Keywords: Special Economic Zones. Decision Making. Location Strategies.

Special Economic Zones as an Engine of Regional Economic Development: the best Practices and Implications for Uzbekistan

2018 ◽  
Vol 4 (4) ◽  
pp. 48-55
Author(s):  
Sayidmurod Sattarov
Keyword(s):  
Economic Development ◽  
Foreign Direct Investment ◽  
Best Practices ◽  
Structural Transformation ◽  
Direct Investment ◽  
Regional Economy ◽  
Main Tool ◽  
Special Economic Zones ◽  
The Right ◽  
Economic Zones

Special economic zones (SEZs) are considered as an effective tool to stimulate industrialization and structural transformation, but only when implemented properly in the right context. The aim of the paper is to review the existing practices of establishment of Special Economic Zones using the case successful countries including China, Korea, Singapore and the UAE and explain how they contribute for the development of regional economy. Moreover, the current paper provides the latest initiatives taken by the Uzbek government to establish Special Economic Zones as a main tool of foreign direct investment attraction and provides some recommendations for further improvement based on the successful practices. Special economic zones (SEZs) are booming around the globe. The zones can be effective tools to endorse economic development if applied properly in the right context. The aim of this paper is to give recommendations for the success of Uzbek SEZ based on the global experience of successful countries such as China, Korea and Singapore.

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