Foreign direct investment (FDI) as tool to boost growth of economy has been recognized by several developing countries like Brazil, China, India, Taiwan etc. According to IMF, FDI is an international investment to obtain a lasting interest by a resident entity in one economy in an enterprise...

Special Economic Zones (SEZs) were established to attract entrepreneurs to invest in Polish regions in order to increase their social and economic development. One of the most important incentives offered in SEZs is state aid in the form of an income tax exemption. The objective of this paper is...

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...

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...

China is the world's largest exporter and second largest importer. It is the only developing country other than Russia on the list of the world's top ten exporters. The value of its imports is only about 300 billion USD less than the US's imports, and over 700 billion USD from the next largest...

Since the seminal work of Jane Jacobs, it has become conventional wisdom among scholars and professional planners that high residential density and mixed commercial and residential land use reduce street crime. This notion has been influential in guiding planning decisions, but empirical...