The Political Economy of Special Economic Zones by Lotta Moberg - 9781138237810

Taylor & Francis

The Political Economy of Special Economic ZonesConcentrating Economic Development\nAuthor(s): Lotta Moberg\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781138237810, 978-1138237810\nSynopsis\nSpecial Economic Zones (SEZs) have become a popular development policy throughout the world over the last half a century. These zones form designated areas where governments offer businesses lower taxes, tariffs, and often lighter regulations. Generally, SEZs aim to attract investments and raise a countrys export and employment rates, but although success stories are often cited, there are numerous failed projects that have instead become burdens for their host countries.\n\nThis book examines SEZs from a political economy perspective, both to dissect the incentives of governments, zone developers, and exporters, and to uncover both the hidden costs and untapped potential of zone policies. Costs include misallocated resources, the encourag.