The Political Economy of Special Economic Zones

The Political Economy of Special Economic Zones PDF Author: Lotta Moberg
Publisher: Routledge
ISBN: 1315298937
Category : Business & Economics
Languages : en
Pages : 225

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Book Description
Special Economic Zones (SEZs) have become a popular development policy throughout the world over the last half a century. These zones form designated areas where governments offer businesses lower taxes, tariffs, and often lighter regulations. Generally, SEZs aim to attract investments and raise a country’s export and employment rates, but although success stories are often cited, there are numerous failed projects that have instead become burdens for their host countries. This book examines SEZs from a political economy perspective, both to dissect the incentives of governments, zone developers, and exporters, and to uncover both the hidden costs and untapped potential of zone policies. Costs include misallocated resources, the encouragement of rent-seeking, and distraction of policy-makers from more effective reforms. However, the zones also have several unappreciated benefits. They can change the politics of a country, by generating a transition from a system of rent-seeking to one of liberalized open markets. In revealing the hidden promise of SEZs, this book shows how the SEZ model of development can succeed in the future. Applying frameworks from various schools of political economy, this volume places SEZs in the context of their mixed past and promising future. It is essential reading for anyone with an interest in international economics, development economics, and political economy, including practitioners and consultants of SEZ policies.

The Political Economy of China's Economic Zones

The Political Economy of China's Economic Zones PDF Author: George T. Crane
Publisher: Routledge
ISBN: 1315492431
Category : Business & Economics
Languages : en
Pages : 176

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Book Description
In 1979 China launched a new international economic policy with the establishment of four Special Economic Zones (SEZs): Shenzhen, Zhuhai, and Shantou in Guangdong Province and Xiamen in Fujian Province. Modelled loosely on export processing zones and free trade zones found in other less developed countries, the SEZs offer a variety of financial inducements to foreign investors in order to harness international business for national economic advantage. Designed to be a cornerstone of China's economic reforms, by 1985 the SEZs (in the mid-80s zone-like policies were extended to fourteen coastal cities) were scandal-ridden and fraught with serious problems. This work, the first book-length analysis in English of China's SEZs, examines the problems and promise of this innovative approach to "structural economic reform" and the comparative significance of the SEZs.

Handbook on the International Political Economy of China

Handbook on the International Political Economy of China PDF Author: Ka Zeng
Publisher: Edward Elgar Publishing
ISBN: 1786435063
Category : China
Languages : en
Pages : 469

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Book Description
This book examines the processes, evolution and consequences of China’s rapid integration into the global economy. Through analyses of Beijing’s international economic engagement in areas such as trade, investment, finance, sustainable development and global economic governance, it highlights the forces shaping China’s increasingly prominent role in the global economic arena. Chapters explore China’s behavior in global economic governance, the interests and motivations underlying China’s international economic initiatives and the influence of politics, including both domestic politics and foreign relations, on the country’s global economic footprint.

The Practice of Industrial Policy

The Practice of Industrial Policy PDF Author: John Page
Publisher: Oxford University Press
ISBN: 0198796951
Category : Business & Economics
Languages : en
Pages : 331

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Book Description
Examines how African policy makers might develop better coordination between the public and private sectors to identify the constraints to faster structural transformation, and to design, implement, and monitor policies to remove them.

The Oxford Handbook of Industrial Hubs and Economic Development

The Oxford Handbook of Industrial Hubs and Economic Development PDF Author: Arkebe Oqubay
Publisher: Oxford University Press
ISBN: 0192590944
Category : Business & Economics
Languages : en
Pages : 1370

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Book Description
Industrialization supported by industrial hubs has been widely associated with structural transformation and catch-up. But while the direct economic benefits of industrial hubs are significant, their value lies first and foremost in their contribution as incubators of industrialization, production and technological capability, and innovation. The Oxford Handbook of Industrial Hubs and Economic Development adopts an interdisciplinary approach to examine the conceptual underpinnings, review empirical evidence of regions and economies, and extract pertinent lessons for policy reasearchers and practitioners on the key drivers of success and failure for industrial hubs. This Handbook illustrates the diverse and complex nature of industrial hubs and shows how they promote industrialization, economic structural transformation, and technological catch-up. It explores the implications of emerging issues and trends such as environmental protection and sustainability, technological advancement, shifts in the global economy, and urbanization.

The Political Economy of China-Latin America Relations in the New Millennium

The Political Economy of China-Latin America Relations in the New Millennium PDF Author: Margaret Myers
Publisher: Routledge
ISBN: 1317214072
Category : Political Science
Languages : en
Pages : 400

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Book Description
In this book, China-Latin America relations experts Margaret Myers and Carol Wise examine the political and economic forces that have underpinned Chinese engagement in the region, as well as the ways in which these forces have shaped economic sectors and policy-making in Latin America. The contributors begin with a review of developments in cross-Pacific statecraft, including the role of private, state-level, sub-national, and extra-regional actors that have influenced China-Latin America engagement in recent years. Part two of the book examines the variety of Latin American development trajectories borne of China’s growing global presence. Contributors analyse the effects of Chinese engagement on specific economic sectors, clusters (the LAC emerging economies), and sub-regions (Central America, the Southern Cone of South America, and the Andean region). Individual case studies draw out these themes. This volume is a welcome addition to the growing body of literature on China-Latin America relations. It illuminates the complex interplay between economics and politics that has characterized China’s relations with the region as a second decade of enhanced economic engagement draws to a close. This volume is an indispensable read for students, scholars and policy makers wishing to gain new insights into the political economy of China-Latin America relations.

China in the Global Political Economy

China in the Global Political Economy PDF Author: Gordon C.K. Cheung
Publisher: Edward Elgar Publishing
ISBN: 1784714917
Category : China
Languages : en
Pages : 170

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Book Description
Is the US losing its economic authority to China, whose global economic identity is being determined more by entrepreneurial spirit than developmental principle? Through the exercise of soft power and hard currency in some areas of the global economy, China has clear national interest in the protection of intellectual property rights, financial integration and sovereign wealth funds. China’s Belt and Road Initiative and the Asian Infrastructure Investment Bank will set new standard to global economic development.

Special Economic Zones and the Economic Transition in China

Special Economic Zones and the Economic Transition in China PDF Author: Wei Ge
Publisher: World Scientific
ISBN: 9789810237905
Category : Business & Economics
Languages : en
Pages : 230

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Book Description
This book examines China's economic development since 1949, with special emphasis on the economic transition of the past two decades and the role of special economic zones in this gradually evolving process. Various issues concerning the formation of the zones are explored. The performance of the zones and their impacts on the Chinese economy and the transitional path are assessed in aspects such as economic growth, structural changes, investment financing, employment and wages, technology transfers and learning, productivity gains, standards of living, trade expansion and the changing pattern of foreign investment. The implications of the special economic zones as a policy instrument to facilitate the process of economic transition and development, as well as the relevant policy issues, are examined.

Ten Crises

Ten Crises PDF Author: Tiejun Wen
Publisher: Springer Nature
ISBN: 981160455X
Category : China
Languages : en
Pages : 538

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Book Description
This open access handbook, Ten Crises systematically traces the economic history of China from 1949 to 2020, unravelling the complex domestic and global factors leading to the cyclical crises identified by WEN and his research team, and examining the corresponding counteracting policies and measures by the government to resolve or defer the crises. The book offers profound insights into China's endeavours and predicaments on the path of modernization, and contemplates opportunities and lessons for the forging of alternative trajectories not only for China but also for the global south: to reconstruct rural communities for integrated cooperation and governance, and to revitalize ecological civilization.

China's Political Economy in Modern Times

China's Political Economy in Modern Times PDF Author: Kent G Deng
Publisher: Routledge
ISBN: 1136655123
Category : Business & Economics
Languages : en
Pages : 397

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Book Description
This book makes an important contribution to the study of changes in China’s institutions and their impact on the national economy as well as ordinary people’s daily material life from 1800 to 2000. Kent Deng reveals China’s mega-cycle of prosperity-poverty-prosperity without the usual attribution to the 1840 Opium War, or the alleged population pressure, class struggle and oriental despotism. The book challenges the conventional view on ‘rebellions’, ‘revolutions’ and their alleged motivations and outcomes. Its findings separate commonly circulated myth with reality based on solid evidence and careful evaluation. The benchmark used by the author is people’s entitlement and mundane day-to-day material well being, instead of the stereotype of aggregates of industrial hardware and national GDP. China’s Political economy in Modern Times proves that state-building was the prime mover in China’s modern history. Contrary to the popular belief in mass movement, Deng shows convincingly that changes were in most cases imposed by a minority with external help. Therefore, the quality of the state was unpredictable, seen from the anti-state that cost lives and economic growth. This book will be of interest to students and scholars of Chinese Politics, Chinese Economics, Chinese History, and Political Economy.