The Political Economy of Special Economic Zones: Concentrating Economic Development

ISBN-13: 9780367109264 / Angielski / Miękka / 2018 / 192 str.

Lotta Moberg

Opis

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.

O autorze

Lotta Moberg is a Senior Macro Analyst on the Dynamic Allocation Strategies team at William Blair, USA.