scholarly journals SPECIAL ECONOMIC ZONES: NEED OF THE HOUR

2020 ◽  
pp. 1-2
Author(s):  
Bishnu Kant Jha

The ever-increasing global competition compels the governments to adopt export oriented trade strategies, thereby contributing towards overall economic growth and development. The high economic growth trajectory pursued by the newly industrialized economies (NIEs), has been propelled by increase in exports. Different countries have pursued policies of developing export zones, for imparting an outward orientation to their economy. India has also established such zones with denite objectives for foreign trade development and export promotion. It is signicant to understand the concept of Special Economic Zones (SEZs), Chinese model of SEZ, its principal benets, their performance and contribution towards trade competitiveness in India. SEZ as a trade policy needs to be evaluated in the light of SEZ Act, 2006. A non-parametric critical approach has been taken to study the SEZ policy in reference to its performance, limitations and challenges to perform in a highly competitive global environment.

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.


2021 ◽  
Vol 18 (32) ◽  
Author(s):  
Dražen Marjanac ◽  
Ana Marija Alfirević

The subject of the research is related to the analysis of the impact of special economic zones on the economic growth of countries that have applied the aforementioned concept of economic development, with reference to the Chinese model. The research goals are to provide the scientific and expert public with an overview of the mechanism of special economic zones and the implications on targeted macroeconomic parameters. The research was conducted by analyzing the relevant literature, the method of deduction and quantification of the impact of special economic zones on economic growth. The research will provide an answer to the research problem that is sublimated in the question: Do special economic zones stimulate economic growth of the national economy and how? The results of the research will show that there is a strong relationship and a degree of determination between special economic zones and targeted macroeconomic parameters. This will confirm the basic hypothesis that special economic zones have a significant impact on sustainable and inclusive economic growth of the national economy ceteris paribus as well as the access to high technology, innovations and know-how.


2010 ◽  
Vol 42 (1) ◽  
pp. 143-159 ◽  
Author(s):  
Jeffrey L. Jordan ◽  
Bulent Anil ◽  
Abdul Munasib

While a substantial amount of research has been devoted to showing what social capital does, research explaining social capital itself lags behind. The literature has a long tradition of examining the effect of social capital on local economic growth and development. In this paper we examine whether local economic development can explain the variation in social capital across various geographical clusters in the state of Georgia. We begin by devising a measurement tool, a Human Development Index (HDI), to measure community development. Our social capital measure includes associational memberships, voluntary activities, and philanthropy obtained from the Georgia Social Capital Survey. The findings show that even after accounting for various demographic and economic characteristics, the HDI explains the variation in a number of social capital levels (especially those measured by associational involvement) across various geographical clusters in the state of Georgia.


Economica ◽  
1974 ◽  
Vol 41 (162) ◽  
pp. 232
Author(s):  
V. N. Balasubramanyam ◽  
Robert A. Solo ◽  
Everett M. Rogers

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