Strategizing of SEZs

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:
Strategizing of SEZs

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This chapter analyses the special economic zone (SEZ) strategies of three Asian countries, namely, Taiwan, Korea and China through the perspectives of theory. While doing so, it reviews the historical roots, evolution, and performance of policy in all the three countries. These countries have a relatively long history of the programme. However, they adopted different policy approaches and traversed along divergent evolutionary trajectories to meet with varied successes with their SEZ policy. The analysis shows that SEZs made significant contribution in upgrading and diversifying the economies of all the three countries selected for the analysis. Of the three countries, however, China has been most successful in its SEZ experiment. It is attributed to China's strategy of using zones to promote cluster-based industrialization in the country.

Keywords: South Korea; Taiwan; China; SEZs; industrial clusters; global networks; subcontracting; tax incentives

Chapter.  7964 words.  Illustrated.

Subjects: Economic Development and Growth

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