A platform for research: civil engineering, architecture and urbanism
What draws investment to special economic zones? Lessons from developing countries
Special economic zones (SEZs) are a popular policy tool for the promotion of economic development. However, questions remain about their economic contribution and about what aspects of SEZ policies are most relevant to investors. This article sheds light on these issues by comparing SEZs across Africa, Asia and Latin America. We find that while investment decisions by foreign companies are driven by market access, political stability and low labour costs, adequate SEZ policies facilitate the attraction of investment. A good industrial infrastructure together with a strategic location and service provision within the zones draw investment. Fiscal incentives, by contrast, have a limited influence on investment decisions.
What draws investment to special economic zones? Lessons from developing countries
Special economic zones (SEZs) are a popular policy tool for the promotion of economic development. However, questions remain about their economic contribution and about what aspects of SEZ policies are most relevant to investors. This article sheds light on these issues by comparing SEZs across Africa, Asia and Latin America. We find that while investment decisions by foreign companies are driven by market access, political stability and low labour costs, adequate SEZ policies facilitate the attraction of investment. A good industrial infrastructure together with a strategic location and service provision within the zones draw investment. Fiscal incentives, by contrast, have a limited influence on investment decisions.
What draws investment to special economic zones? Lessons from developing countries
Frick, Susanne A. (author) / Rodríguez-Pose, Andrés (author)
Regional Studies ; 57 ; 2136-2147
2023-11-02
12 pages
Article (Journal)
Electronic Resource
Unknown
Lessons Learnt for Developing CountriesDeveloping countries
Springer Verlag | 2020
|Investment in construction and economic growth in developing countries
Online Contents | 2002
|Investment in construction and economic growth in developing countries
British Library Online Contents | 2002
|Berlin S-Bahn draws up 10-year investment plan
British Library Online Contents | 2000
Aquaculture in Malawi: Lessons from Developing Countries
British Library Conference Proceedings | 1989
|