The Political Economy of Special Economic Zones

Concentrating Economic Development

Business & Finance, Economics, Economic Development
Cover of the book The Political Economy of Special Economic Zones by Lotta Moberg, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Lotta Moberg ISBN: 9781315298931
Publisher: Taylor and Francis Publication: March 16, 2017
Imprint: Routledge Language: English
Author: Lotta Moberg
ISBN: 9781315298931
Publisher: Taylor and Francis
Publication: March 16, 2017
Imprint: Routledge
Language: English

Special Economic Zones (SEZs) have become a popular development policy throughout the world over the last half a century. These zones form designated areas where governments offer businesses lower taxes, tariffs, and often lighter regulations. Generally, SEZs aim to attract investments and raise a country’s export and employment rates, but although success stories are often cited, there are numerous failed projects that have instead become burdens for their host countries.

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.

Applying frameworks from various schools of political economy, this volume places SEZs in the context of their mixed past and promising future. It is essential reading for anyone with an interest in international economics, development economics, and political economy, including practitioners and consultants of SEZ policies.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Special Economic Zones (SEZs) have become a popular development policy throughout the world over the last half a century. These zones form designated areas where governments offer businesses lower taxes, tariffs, and often lighter regulations. Generally, SEZs aim to attract investments and raise a country’s export and employment rates, but although success stories are often cited, there are numerous failed projects that have instead become burdens for their host countries.

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.

Applying frameworks from various schools of political economy, this volume places SEZs in the context of their mixed past and promising future. It is essential reading for anyone with an interest in international economics, development economics, and political economy, including practitioners and consultants of SEZ policies.

More books from Taylor and Francis

Cover of the book Children in Difficulty by Lotta Moberg
Cover of the book Pilgrimage, Politics and Place-Making in Eastern Europe by Lotta Moberg
Cover of the book Routledge Handbook of International Criminology by Lotta Moberg
Cover of the book The Holocaust Novel by Lotta Moberg
Cover of the book Disability and/in Prose by Lotta Moberg
Cover of the book The Management of Child Protection Services by Lotta Moberg
Cover of the book Theories Of Comparative Politics by Lotta Moberg
Cover of the book The Development Process in Small Island States by Lotta Moberg
Cover of the book The Basics of Bioethics by Lotta Moberg
Cover of the book Configurations of Sentential Complementation by Lotta Moberg
Cover of the book International Law and the Use of Armed Force by Lotta Moberg
Cover of the book American Government by Lotta Moberg
Cover of the book Economics of Fatigue and Unrest and the Efficiency of Labour in English and American Industry by Lotta Moberg
Cover of the book Illness by Lotta Moberg
Cover of the book Qualitative Research in Technical Communication by Lotta Moberg
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy