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Policy Article

Special economic zones and industrial parks in theory and practice – with a special focus on Africa (in German)

Kieler Beiträge zur Wirtschaftspolitik, 23

Authors

  • Hachmeier
  • K.U.
  • Meuchelböck
  • S.

Publication Date

Key Words

development cooperation

Free Zones

industrial policy

private sector development in Africa

Special Economic Zones

Related Topics

Africa

Companies

Emerging Markets & Developing Countries

Foreign Direct Investments

Growth

Innovation and Structural Change

International Trade

Tax Policy

Special Economic Zones (SEZs) are an increasingly popular instrument of trade and industrial policy, particularly in developing countries. The authors present the (socio-)economic effects of SEZs through an analysis of existing literature. One focus is on SEZs in Africa. This shows that the hope for SEZ-supported growth, as in Asia, has largely not been fulfilled in Africa. The authors recommend that the „Deutsche Gesellschaft für Internationale Zusammenarbeit“ (GIZ) should expand its fields of activity accordingly in view of the increasing number of SEZs in developing countries. They see a need for further research on the topic of SEZs in order to better understand their effects, success factors and the controllability of SEZs.

Kiel Institute Expert

  • Dr. Saskia Meuchelböck
    Kiel Institute Fellow

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