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Special economic zones, one of the most important instruments of industrial policy in developing countries, often feature export share requirements. That is, firms located in these zones are obliged to export more than a certain stated share of their output to enjoy the wide array of incentives...
Persistent link: https://www.econbiz.de/10012967483
As in many countries around the world, subsidies to energy in Bangladesh impose a significant fiscal burden, with … Bangladesh. The study finds that removal of energy subsidies would be beneficial to the economy and would increase gross domestic …
Persistent link: https://www.econbiz.de/10012906437
There are significant value chain linkages between India and Bangladesh, particularly in the textile and apparel sector … Bangladesh. Bangladesh specializes in the downstream final apparel segment, exporting worldwide as well as to India. Tariffs and …
Persistent link: https://www.econbiz.de/10012892695
Special economic zones can be an effective instrument to promote industrialization if implemented properly in the right context. In China, starting in the 1980s, special economic zones were used as a testing ground for the country's transition from a planned to a market economy, and they are a...
Persistent link: https://www.econbiz.de/10012969998
This study briefly summarizes the development experiences of special economic zones in China and Africa, the lessons that Africa can learn from China, and the preliminary results of the Chinese investments in special economic zones in Africa. The study makes recommendations on how to unleash the...
Persistent link: https://www.econbiz.de/10012971883
Support for economic reforms has often shown puzzling dynamics: many reforms that began successfully lost public support. This paper shows that learning dynamics can rationalize this paradox because the process of revealing reform outcomes is an example of sampling without replacement. This...
Persistent link: https://www.econbiz.de/10012972970
Industrial parks are as popular as they are controversial, in India and globally. At their best they align infrastructure provision and agglomeration economies to jolt industrial growth. More often, they generate negative spill-overs, provide handouts, sit empty, or simply do not get built. This...
Persistent link: https://www.econbiz.de/10012973442
Integration in the East African Community offers significant opportunities not only to expand trade among member states, but more importantly to scale up regional production to take advantage of much larger global market opportunities. Special economic zones are a potentially valuable instrument...
Persistent link: https://www.econbiz.de/10012975453
In the past 30 years, China has achieved phenomenal economic growth, an unprecedented development "miracle" in human history. How did China achieve this rapid growth? What have been its key drivers? And, most important, what can be learned from China's success? Policy makers, business people,...
Persistent link: https://www.econbiz.de/10012976139
As an instrument of trade and investment policy, special economic zones have played a catalytic role in processes of industrialization, diversification, and trade integration in many countries, particularly in East Asia. However, in the African context, anecdotal evidence suggests the experience...
Persistent link: https://www.econbiz.de/10012976338