Suchergebnisse

Special Economic Zones are geographical areas allocated and designated to attract foreign investment, enhance industrialization, and spur economic development of the identified jurisdiction. The trade laws applicable in the Economic Zone are different from those used by the rest of the country. Investors are offered tax and several other incentives to set up businesses. It is envisaged the Zones can be effective special purpose vehicles to deliver industrialization and structural transformation. However, the aims of the Zones are achievable only if the development programme was properly crafted and correctly implemented. Worldwide, for over 50 years many countries have established and experimented the concept of Economic Zones albeit with, mixed results. This preliminary article based on an active research attempts to present the interim results of the Lusaka South Multi Facility Economic Zone (LS-MFEZ) in Zambia. There have been variations in terms of progress and performance of the projects undertaken, some of which are at the formative stage. The objectives of the study among others is to establish the reasons behind the slow uptake of investment space in LS-MFEZ. The study focuses on businesses that have invested in the Lusaka South Multi Facility Economic Zone, and those that have expressed interest to invest. This study embraces a mixed-methods model comprising qualitative and quantitative research approaches. The interim findings indicate that investors face several challenges in starting businesses in the Zone, besides the inappropriate Zone infrastructure. Furthermore, some incentives the government had put in place are not the primary factors attracting Investors.

This study examines the role of special economic zones (SEZs) within the trade policy of Cambodia. It asks whether Cambodia's establishment of SEZs since late 2005 has been successful, based on the evidence to date, and analyzes the appropriate role and management of SEZs over the next decade or more. The study finds that the SEZs have attracted significant levels of foreign investment into Cambodia that would not have been present otherwise. These investments have created around 68,000 jobs, with equal or better pay and better prospects than the alternatives that would otherwise have existed, raising the economic welfare of the workers concerned. A feature of the Cambodian experience is that the government has left the establishment and management of the zones to private sector developers, avoiding the large and sometimes wasteful public sector set up costs associated with SEZ establishment in many other countries.

THE EXCLUSIVE ECONOMIC ZONE DERIVES FROM THE 1945 TRUMAN PROCLAMATION ON THE CONTINENTAL SHELF, AND THIS PAPER EXAMINES THE BROAD IMPLICATIONS OF SUCH A JURISDICTION. THE AUTHOR NOTES THAT THE MARITIME ZONE WILL NOT BE SHARED EQUALLY, THAT THE RIGHTS OF COASTAL STATES ARE CONSIDERABLE, AND THAT THE US WILL NOT SIGN THE AGREEMENT BECAUSE, THEY ARGUE, THE ESTABLISHMENT OF SUCH RESOURCE SHARING ON THE HIGH SEAS GOES AGAINST THE FUNDAMENTAL PRINCIPLES OF FREE ENTERPRISE. THE US ALSO CLAIMS THAT ALL OF THE TREATY IS PROVISIONS ARE ALREADY PART OF CUSTOMARY INTERNATIONAL LAW. THE AUTHOR ARGUES THAT THE US CANNOT CLAIMS RIGHTS UNDER THE TREATY IF IT REFUSES TO BECOME A PARTY TO IT.

Crucial to China's open foreign economic policy, special economic zones (SEZs) are enclaves boasting diverse forms of foreign economic co-operation and a favourable investment climate. The author assesses the experience, both positive and negative, involving the establishment and development of SEZs in China and believes that this experience is highly valuable for the Soviet Union. (DÜI-Sen)

The Chinese leadership has announced and is pursuing an "open foreign economic policy" and as an important component of this policy special economic zones (SEZ) were formed in the late 1970s and early 1980s in Shenzhen, Zhuhai, Shantou and Xiamen. In recent years "special" powers to develop external economic ties and to attract foreign capital were also granted to 14 maritime cities and the island of Hainan. In the light of the further expansion in 1984-85 of the Chinese leadership's "open foreign economic policy" and the scale on which the reform of the economic mechanism in the PRC is being carried out, the authors sum up and evaluate some of the results of the SEZ's performance and the associated problems. (DÜI-Sen)