Since the SCM agreement was enacted in 1995, the global leadership in the field of STZs has shifted from the OECD to the WTO. The WTO general agreement includes a broad set of policy goals that goes beyond trade relationships, but its legal framework has been systematically narrowed to the task...

The author taught law to officials of the Shenzhen Special Economic Zone in 1982, and conducted on-site case-studies of wholly foreign-owned, wholly Chinese-owned and Chinese-foreign joint venture enterprises in the Shekou Industrial Zone. This is a JD-MBA thesis for Harvard Law School and...

This paper investigates the process of developing and implementing special economic zones (SEZs) and industrial parks in Russia. Governments commonly use SEZ policies to develop and diversify exports, create jobs and launch technology/knowledge sharing. The industrial cluster concept is based on...

This chapter analyses the World Bank's approach to human rights, which it characterizes as incoherent, counterproductive and unsustainable. In analyzing the reasons for the Bank's aversion to rights, it focuses on the “political prohibition” contained in the Bank's Articles of Agreement and...

Establishing new SEZs, along with improving foreign relationships, is treated as the most important policy measure for opening the North Korean economy. Recently, North Korea has shown its interest in promoting two new SEZs, the Gaeseong industrial park and the Shinuiju special administrative...

This paper investigates the process of developing and implementing Special Economic Zones (SEZs) and industrial parks in Russia. Governments commonly use SEZ policies to develop and diversify exports, create jobs, and launch technology and knowledge sharing. The industrial cluster concept is...

In this study, we seek to explore the impact of a state level transmission expansion project, the Competitive Renewable Energy Zone (CREZ), whose goal is to integrate a massive amount of wind energy, on the wholesale market prices in the Electric Council of Texas (ERCOT). We find strong evidence...

This paper examines the ability of place-based policies in China to foster agglomeration economies via Marshallian-based externalities that are expected to arise due to the reduction in transports costs associated with supplier-buyer linkages, labor pooling and knowledge spillovers. Empirically,...

Special economic zones (SEZs) have a long and complicated relationship with the United States. The lineage of the country runs back to proto-SEZs, created when Old World governments sold entrepreneurs charters to build for-profit colonies in the New World, such as Jamestown and New Amsterdam. In...

When we think about the legal drivers of globalization, why does the free movement of people lag so far behind the free movement of goods and services? While agreements to lower barriers to cross-border trade are enforced by global legal rules and institutions, national governments indisputably...