Special Economic Zones: Boon or bane for emerging country firms?
An industrial policy measure to attract foreign investment to the private sector.
An industrial policy measure to attract foreign investment to the private sector.
A new location- and sector-focused approach to drive structural transformation.
Effective place-based policies need to deliver desired spatial economic cohesion while minimizing resource waste and secondary distortions.
Demand-led industrial strategies can be highly effective, but need to be carefully designed and implemented to avoid possible pitfalls.