Special economic zones in South Asia : structural change, competitiveness and growth / Aradhna Aggarwal.

Author
Aggarwal, Aradhna [Browse]
Format
Book
Language
English
Published/​Created
Abingdon, Oxon ; New York, NY : Routledge, Taylor & Francis Group 2024.
Description
xvi, 325 pages : illustrations ; 25 cm.

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    Details

    Subject(s)
    Series
    Routledge studies in development economics [More in this series]
    Summary note
    "Growth enhancing structural change - a relocation of labor from low to high productivity sectors is increasingly perceived as inextricably linked with the sustainable development agenda. In the pursuit of structural change, policy makers have pinned their hopes on targeted policy tools such as Special Economic Zones (SEZs). These geographically demarcated spaces designed to attract investment with a wide set of advantages have become de rigueur, however, a systematic evaluation of evidence-informed policy making is scarce due to conceptual and practical challenges. This book fills that gap and shows that the SEZs are no 'shortcut' to economic development but need to be re-strategized to address the emerging challenges. The first part of the book adopts an interdisciplinary approach to examine the links between SEZs and structural change, with a focus on South Asia, and develops an integrated conceptual framework for policy evaluation. Part 2 presents an empirical analysis of historical trends in growth and structural change in the eight regional economies under examination. Part 3 investigates the socioeconomic and cultural contexts in which the SEZs are embedded, assesses the fit between the SEZ goals and broader development strategies, and evaluates the SEZ policy design fit with the goals. The fourth part of the book presents counterfactual evaluation of the impact of SEZs on investment climate; export competitiveness of firms; technology and innovation; and knowledge linkages of SEZ firms with the wider economy, while the final part discusses the emerging challenges and the way forward. This will be a useful reference for academics, researchers, policymakers and professionals in international trade and business, public policy, industrial economics and regional integration"-- Provided by publisher.
    Bibliographic references
    Includes bibliographical references and index.
    Contents
    • Economic growth accelerations in South Asia
    • Growth acceleration and patterns and pace of structural change
    • International competitiveness : export growth, diversification and upgrading
    • SEZs as a development policy : revisiting the place based approach
    • Economic rationale of SEZs in south asia : the institutional perspective
    • The SEZ policy in India : a flip flop approach
    • Evolution of SEZ policy in sri lanka : an interplay of political and economic dynamics
    • SEZ policy in Pakistan : a passive approach
    • Bangladesh : driving SEZ centric industrialisation
    • Assessing the SEZ policy design fit with its evolutionary dynamics
    • Evaluating the impact of SEZs on investment climate
    • SEZs, investment climate and competitiveness
    • Linkages for knowledge spillovers
    • Labour and environment standards in South Asian SEZs : the legal perspective
    • The concluding remarks.
    ISBN
    • 9781032587752 ((hardback))
    • 103258775X
    • 9781032587769 ((paperback))
    • 1032587768
    LCCN
    2023042186
    OCLC
    1396059020
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