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Special Economic Zones in Asian Market Economies (Paperback)
Loot Price: R1,296
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Special Economic Zones in Asian Market Economies (Paperback)
Series: Routledge Studies in the Growth Economies of Asia
Expected to ship within 12 - 17 working days
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Special Economic Zones (SEZs) have proliferated rapidly during the
past decade and are set to multiply in the next - embracing not
only Asia and Europe but also Africa and the Americas. This book is
the first to examine the Asian experience of SEZs in China, India,
Malaysia and the Philippines. SEZs are usually clearly defined
geographic areas in which national, provincial or local governments
use policy tools (such as tax holidays; improved infrastructure;
less onerous or differentiated regulations and incentives other
than those generally available in the rest of the country) to
attract and promote private - usually foreign - investment from
enterprises which commit to create employment and to export their
products or services, and generating foreign currency for the host
country. SEZs have been especially successful in bringing about
economic development in Asia, especially in China. This book
examines the origins, nature and status of special economic zones
in Asia, together with the current trends connected with them, and
the challenges they currently face. Although the World Trade
Organisation cast doubts in 1995 on the future of special economic
zones as a viable policy tool in the development agenda, special
economic zones continue to be used, and favoured, as a way of
encouraging foreign investment and economic development, with for
example India, trying to emulate China, reincorporating special
economic zones into its development policy. This book provides
regional case studies of SEZs in Asian market economies to analyse
the extent to which these zones serve the changing needs of Asian
development.
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