Chapter

Introduction

Aradhna Aggarwal

in Social and Economic Impact of SEZs in India

Published in print February 2012 | ISBN: 9780198077275
Published online September 2012 | e-ISBN: 9780199081035 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780198077275.003.0001
Introduction

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A growing number of countries are focusing upon special economic zones (SEZs) as a strategic instrument for promoting additional investment in foreign direct investment (FDI), technology transfers, and employment generation. Nonetheless, developing countries have had varied results with this policy. The present study provides an indepth analysis of the socioeconomic impact of SEZs in the Indian context. The primary objective is to take the SEZ debate forward by presenting an alternative perspective on SEZs. It covers almost every aspect of the SEZ debate from their economic rationale to impacts on employment, trade, foreign exchange earnings, government revenue, technology transfers, and social issues such as land acquisition, human development, regional inequities, and environmental protection. The analysis heavily draws on historical and contemporary worldwide SEZ experiences, existing theoretical perspectives, extensive field visits, and in-depth interviews with various stakeholders.

Keywords: SEZs; India; development; economic growth; foreign direct investment; technology transfers; employment; trade

Chapter.  4779 words. 

Subjects: Economic Development and Growth

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