Towards An Integrated Framework for Special Economic Zones (SEZs)


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Towards An Integrated Framework for Special Economic Zones (SEZs)

Show simple item record Aggarwal, Aradhna 2017-11-17T11:39:32Z 2017-11-17T11:39:32Z 2017-11-17
dc.identifier.issn 0904-8626
dc.description.abstract This paper presents a comprehensive conceptual framework for the rationale, success factors and development outcomes of Special Economic Zones (SEZs), and analyses their performance in selected Asian countries within that framework. It draws on the tenets of the literature on ‘dynamics of institutional changes’ to introduce basic assumptions and generates a series of propositions as building blocks of the framework. It argues that SEZs are a safety valve that can address inefficiencies within a given institutional context. If used strategically, the SEZ policy can be an exceedingly versatile tool to achieve a variety of goals. The drivers of success and economic outcomes of SEZs depend on the strategic approach adopted by policy makers towards SEZs. There is no single recipe of their success or development outcomes. Finally, institutions evolve in the process of development. So must strategic approaches towards SEZs. New genres of SEZs need to emerge and the existing ones must upgrade to address new institutional challenges, and achieve new goals. It argues that is the SEZ policy and not SEZs per se that need to be the focal point of the SEZ debate. en_US
dc.format.extent 41 en_US
dc.language eng en_US
dc.relation.ispartofseries Copenhagen Discussion Papers;64
dc.subject.other Special economic zones en_US
dc.subject.other Dynamic institutional Framework en_US
dc.subject.other Asian countries en_US
dc.subject.other Development outcomes en_US
dc.subject.other Success factors en_US
dc.title Towards An Integrated Framework for Special Economic Zones (SEZs) en_US
dc.type wp en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Asia Research Centre en_US
dc.contributor.departmentshort ARC en_US
dc.contributor.departmentuk Asia Research Centre en_US
dc.contributor.departmentukshort ARC en_US Frederiksberg en_US
dc.publisher.year 2017 en_US
dc.title.subtitle A Dynamic Institutional Approach en_US

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