The Strategic Role of Special Economic Zones in Economic Development: A Special Case of Shanghai Free Trade Zone

2020 ◽  
Author(s):  
Aditya Samdershi ◽  
Vineet Gupta ◽  
Mridul Dharwal
Keyword(s):  
Economic Development ◽  
Free Trade ◽  
Free Trade Zone ◽  
Special Economic Zones ◽  
Strategic Role ◽  
Economic Zones ◽  
Special Case

scholarly journals KAWASAN EKONOMI KHUSUS DAN PEMBANGUNAN EKONOMI REGIONAL: SEBUAH STUDI LITERATUR

2020 ◽  
Vol 1 (2) ◽  
pp. 40-54
Author(s):  
Nurafni Irma Suryani ◽  
Ratu Eva Febriani
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Regional Economy ◽  
Positive Impact ◽  
Special Economic Zones ◽  
Literature Study ◽  
Economic Growth Rate ◽  
Economic Zones ◽  
The Impact

Special Economic Zones are very important for the progress of an area. SEZ is able to contribute to the regional economy and increase economic development by providing direct and indirect effects. The purpose of this study is to determine the impact of special economic zones on regional economic development. The object of this study is to explore the establish SEZ in Indonesia just only refer to two SEZs namely SEI Mangke and Tanjung Lesung. This research used literature study as a method. The results show that SEZ make the regional economy is starting to move towards a better direction. The role of two SEZs observed have different impact on regional economy, SEI Mangke has a positive impact on macroeconomy indicator such as reduced unemployment, reduced poverty and an increased economic growth rate in Simalungun Regency. Otherwise, Tanjung Lesung just has a positive impact on MSMEsKeywords: Unemployment, Poverty, Economic Growth, Pengembangan UMKM, SEZ Sei Mangke, SEZ Tanjung Lesung

USING THE EXPERIENCE OF CHINA'S FREE ECONOMIC ZONES IN CREATING A FREE TRADE ZONE IN THE SHANGHAI COOPERATION ORGANIZATION

2021 ◽  
Vol 1 (3) ◽  
pp. 155-160
Author(s):  
M. V. MELANINA ◽  
Keyword(s):  
Free Trade ◽  
Economic Activity ◽  
Free Trade Zone ◽  
Shanghai Cooperation Organization ◽  
Economic Dynamics ◽  
Factors Influencing ◽  
Main Factors ◽  
Economic Zones

The article shows and analyzes the experience of creating and operating FEZs in China and their importance for the development of the country's foreign economic activity and maintaining domestic economic dynamics. The role of the PRC in the SCO activities is presented. The main factors influencing the possibility of developing a consolidated trade zone within the SCO are shown.

scholarly journals ZONA FRANCA DE MANAUS: uma revisão sistemática de impactos

2020 ◽  
Vol 5 (19) ◽  
pp. 202001
Author(s):  
Luiz Ricardo Cavalcante
Keyword(s):  
Systematic Review ◽  
Regional Development ◽  
Free Trade ◽  
Well Being ◽  
Conclusive Evidence ◽  
Free Trade Zone ◽  
Special Economic Zones ◽  
Tax Expenditures ◽  
Revisión Sistemática ◽  
Economic Zones

MANAUS FREE TRADE ZONE: a systematic review of impactsZONA FRANCA DE MANAOS: una revisión sistemática de impactosRESUMOEmbora criada há mais de meio século, a Zona Franca de Manaus (ZFM) tem sido objeto de um número relativamente escasso de análises de seus impactos econômicos e sociais. O objetivo deste artigo é apresentar uma revisão sistemática das principais estatísticas e dos principais resultados de trabalhos selecionados sobre o tema. Buscou-se identificar trabalhos que ultrapassam a descrição da evolução das variáveis por meio, por exemplo, do uso de contrafactuais, regressões econométricas ou modelos de equilíbrio geral. A análise é precedida por uma breve revisão da literatura sobre zonas econômicas especiais (ZEE). Os resultados indicam que i) a ZFM tem impactos positivos nos níveis de renda e de bem-estar em Manaus, ainda que essa conclusão não seja unânime; ii) não há evidências conclusivas de que a ZFM contribui para a preservação ambiental da Amazônia; iii) os gastos tributários da União dirigidos à ZFM são estimados em R$ 28,7 bilhões (mais de R$ 380 mil por emprego direto gerado); e iv) embora o foco das ZEE recaia, de modo geral, sobre as exportações, o caso da ZFM é, em grande medida, singular em razão de seu foco no mercado interno. A ZFM é, portanto, do ponto de vista legal e do ponto de vista prático, essencialmente uma política de desenvolvimento regional (e não uma política de incentivo às exportações) e as análises sobre o tema devem amparar-se nessa premissa.Palavras-chave: Zona Franca de Manaus; Zonas Econômicas Especiais; Impactos; Gastos Tributários; Políticas de Desenvolvimento Regional.ABSTRACTAlthough created more than half a century ago, the Manaus Free Trade Zone (MFTZ) has been subject of a relatively reduced number of analysis of its economic and social impacts. The aim of this work is to present a systematic review of the man statistics and of the main results of a number of selected works about this subject. We sought to identify studies that go beyond the description of the evolution of variables through, for example, the use of counterfactuals, econometric regressions or general equilibrium models. The analysis is preceded by a brief review of the literature on special economic zones (SEZ). The results indicate that i) the MFTZ has positive impacts on the levels of income and well-being in Manaus, although this conclusion is not unanimous; ii) there is no conclusive evidence that the ZFM contributes to the environmental preservation of the Amazon; iii) federal tax expenditures directed to the ZFM are estimated in R$ 28.7 billion (more than R$ 380 thousand for direct employment generated); and iv) although the focus of SEZ falls, in general, on exports, the case of MFTZ is largely unique due to its focus on the domestic market. The MFTZ is, therefore, both legally and in practice, essentially a regional development policy (and not an export incentive policy) and the analyzes on the subject must be based on this assumption.Keywords: Manaus Free Trade Zone; Special Economic Zones; Impacts; Tax Expenditures; Regional Development Policies.RESUMENAunque creada hace más de medio siglo, la Zona Franca de Manaos (ZFM) ha sido objeto de relativamente pocos análisis de sus impactos económicos y sociales. El objetivo de este trabajo es presentar una revisión sistemática de las principales estadísticas y de los principales resultados de trabajos seleccionados sobre el tema. Buscamos identificar trabajos que van más allá de la descripción de la evolución de las variables mediante, por ejemplo, el uso de contrafácticos, regresiones econométricas o modelos de equilibrio general. Además, presentamos una breve revisión de la literatura sobre las zonas económicas especiales (ZEE). Los resultados indican que i) la ZFM tiene impactos positivos en los niveles de ingresos y bienestar en Manaos, aunque esta conclusión no es unánime; ii) no hay evidencia concluyente de que la ZFM contribuya a la preservación ambiental de la Amazonía; iii) los gastos federales de impuestos dirigidos a la ZFM se estiman en BRL 28,7 mil millones (más de BRL 380 mil por empleo directo generado); y iv) aunque el enfoque de las ZEE recae, en general, en las exportaciones, el caso de la ZFM es en gran medida único debido a su enfoque en el mercado interno. La ZFM es, por lo tanto, desde un punto de vista legal y desde un punto de vista práctico, esencialmente una política de desarrollo regional (y no una política de incentivos a la exportación) y los análisis sobre el tema deben basarse en esta premisa.Palabras clave: Zona Franca de Manaos; Zonas Económicas Especiales; Impactos; Gastos de Impuestos; Políticas de Desarrollo Regional.

scholarly journals ANALISIS PERSEPSI STAKEHOLDER TERKAIT IMPLEMENTASI KAWASAN EKONOMI KHUSUS (KEK) VERSUS FREE TRADE ZONE (FTZ) DI KOTA BATAM

2018 ◽  
Vol 6 (2) ◽  
pp. 64
Author(s):  
Rikson Pandapotan Tampubolon
Keyword(s):  
Economic Growth ◽  
Free Trade ◽  
Central Government ◽  
Free Trade Zone ◽  
Economic Downturn ◽  
Special Economic Zones ◽  
Industrial City ◽  
The Government ◽  
Economic Zones ◽  
The City

This study aims to evaluate the free trade zone system that has been carried out with the planned implementation of special economic zones in Batam City. The economic downturn in the city of Batam has made stakeholders think again about the concept of free trade zone (ftz) or Free Port and Free Trade Zone. The FTZ concept is deemed no longer compatible with the current flow and competitiveness of change. For this reason, the central government offers the concept of special economic zones (KEK) to revive the passion of economic growth in this Industrial City. However, in the implementation there were many criticisms made by the community, especially businessmen who considered SEZ not to answer the problems that exist in Batam's economic growth. This study uses a qualitative approach to see each perception from stakeholders (stakeholders) to be a consideration in making decisions. Based on the results of the analysis, it was found that it was important that all stakeholders would sit together to discuss the good about the economy. The government must prioritize a bottom-up approach to find solutions to problems regarding the polemic of the best economic system problems for Batam City.

Regulation of Special Economic Zones Through Regional Trade Agreements: Confronting the Synergy Issue

2021 ◽  
Author(s):  
Manjiao Chi
Keyword(s):  
Economic Development ◽  
Policy Making ◽  
Trade Agreements ◽  
Legal Framework ◽  
Regional Trade Agreements ◽  
Special Economic Zones ◽  
International Level ◽  
Regional Trade ◽  
Economic Zones ◽  
Rule Making

ABSTRACT Special economic zones (SEZs) and regional trade agreements (RTAs) are frequently used by states as policy tools to promote economic development. As SEZs and RTAs overlap in geographical coverage and regulation areas and are implemented in parallel, they could create profound synergies. As there is no specialized international legal framework for SEZ regulation, and national SEZ laws seldom touch upon the synergy issue, SEZ regulation is largely left to RTAs at the international level. Yet, existing SEZ-related provisions in RTAs almost exclusively focus on trade in goods and appear insufficient in addressing the synergy issue—especially ‘new synergies’ created by ‘advanced SEZs’ and ‘deep RTAs’. To properly address the synergy issue, states should treat SEZ policy-making and RTA rule-making in a coordinated way and consider adopting a regional or multilateral approach in SEZ regulation.

Customs regulation of activities on the territory of special economic zones

2021 ◽  
Author(s):  
Veronika Grigoryevna Iordanova ◽  
Andrei Romanovich Bojko
Keyword(s):  
Economic Development ◽  
Russian Federation ◽  
Foreign Investment ◽  
Economic Activity ◽  
Global Value Chains ◽  
Value Chains ◽  
Special Economic Zones ◽  
Socio Economic Development ◽  
The Russian Federation ◽  
Economic Zones

In the article, the authors analyze the functioning of special economic zones in the Russian Federation. Currently, based on the established world practice, special economic zones can act as a catalyst for attracting foreign investment and ensuring effective regional socio-economic development. Therefore, according to the authors, the issues of improving the functioning of the SEZ are of particular importance. The analysis of the results of the functioning of special economic zones in the Russian Federation shows that there is a significant potential for their development. Due to the fact that the functioning of special economic zones is inextricably linked with the conduct of foreign economic activity, and the SEZs themselves are a tool for integrating the country into global value chains, the issues of customs regulation of activities on their territory become important, which acts as an effective way for the state to influence foreign economic activity and have significant opportunities in stimulating the development of special economic zones in the Russia. In this regard, the study of the application of customs regulation measures as important factors in the development of special economic zones in the Russian Federation is very relevant. Special attention was paid to the study of the regulatory framework for the application of customs procedures in respect of goods imported into the territory of special economic zones and exported from such territories. According to the results of the study, it was found that there are significant gaps in the current legislative regulation of this range of legal relations. The article formulates specific measures that can contribute to improving the efficiency of the functioning of special economic zones in the Russian Federation.

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