| Popis: |
This chapter provides a global, historical overview of the role of special economic zones (SEZs) in supporting industrialization, showing that approaches, experiences, and results vary widely across countries and over time, and identifying a number of key lessons on what differentiates successful from unsuccessful SEZ programmes. Amongst these lessons, the chapter highlights the importance of political support, location decisions, aligning the incentives of key stakeholders, strategic flexibility, and local economy integration over time. Perhaps most importantly, it argues that SEZs which successfully supported industrialization have aligned their SEZ offering with comparative advantage and have used the flexibility of the SEZ instrument in a targeted way to overcome critical constraints to large-scale private investment. |
