Arbeitspapier
It worked in China, so why not in Africa? The political economy challenge of special economic zones
African countries have sought to replicate the success of East Asia by implementing special economic zones. Despite decades of international experience, there remains no blueprint for successful special economic zone policies, and the majority of special economic zones fall well below expectations. We argue this is largely due to flaws in the political economy of special economic zone schemes, which prevent replication of 'best practice' in special economic zone development and management. We propose a 'robust political economy' framework that divides political economy problems into those of inadequate knowledge and distorted incentives. We use it to explain the problems with African special economic zones and to suggest possible solutions.
- ISBN
-
978-92-9230-873-5
- Language
-
Englisch
- Bibliographic citation
-
Series: WIDER Working Paper ; No. 2014/152
- Classification
-
Wirtschaft
Trade Policy; International Trade Organizations
Multinational Firms; International Business
International Relations and International Political Economy: Other
Economic Impacts of Globalization: Economic Development
Development Planning and Policy: Trade Policy; Factor Movement; Foreign Exchange Policy
Other Economic Systems: Political Economy; Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
- Subject
-
Special Economic Zones
Sub-Saharan Africa
foreign direct investment
political economy
industrial policy
- Event
-
Geistige Schöpfung
- (who)
-
Farole, Thomas
Moberg, Lotta
- Event
-
Veröffentlichung
- (who)
-
The United Nations University World Institute for Development Economics Research (UNU-WIDER)
- (where)
-
Helsinki
- (when)
-
2014
- DOI
-
doi:10.35188/UNU-WIDER/2014/873-5
- Handle
- Last update
- 10.03.2025, 11:45 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Farole, Thomas
- Moberg, Lotta
- The United Nations University World Institute for Development Economics Research (UNU-WIDER)
Time of origin
- 2014
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