China has successfully created value and wealth, by integrating its industrial and technological development with Global Value Chains through deployment of economic zones. This paper looks at Hainan Special Economic Zone (‘HSEZ'), which was established as the largest special economic zone in...

Gradually increased interdependence with developed countries should be a part of Mexico's comprehensive development plan. The purpose of this article is not to question the wisdom of using direct foreign investment to improve Mexico's present dire situation. Rather, it questions the wisdom of...

Attempts to develop Special Economic Zones and Industrial Parks came late to Russia and the outcomes have differed greatly from the expectations of standard models. This paper examines the impact of institutional and cultural peculiarities in the Russian context on the development of these...

Special jurisdictions are testbeds for institutional experimentation that require voting mechanisms to make complex and evolving policy decisions. In this paper we explore how blockchain technology—as a new infrastructure for voting rights—might be applied in special jurisdictions. In a...

Many empirical studies have been conducted on factors influencing the effectiveness of inventory management in organizations. Unfortunately, there is a lack of research on factors influencing the effectiveness of inventory management in organizations with the focus on Africa in general and...

The Tax Cuts and Jobs Act of 2017 established a new program called Opportunity Zones (OZs) that created tax advantages for investing in businesses or real estate in a limited number of low-income Census tracts. We use a census of establishment-level data on employment to identify the effect of...

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....

Over the decades, the universe of special economic zones (SEZs) has become considerably more complex with the multiplication of “zones” with new and modified objectives. This research note has two objectives. First, it provides a more complete clarification of terminologies in use. This is...

Launched in 2013, the Shanghai Pilot Free Trade Zone (FTZ) was intended to serve as a platform for testing China's new policy to facilitate more open trade and further open up its services sectors, such as finance, through easing restrictions on foreign and domestic companies. By 2018, it had...

What is the impact of special economic zones (SEZs) in emerging countries on the economy of surrounding areas? Despite the popularity of SEZs as a policy tool in virtually all developing countries around the world, there is little evidence to date which systematically analyses this question....