Special Economic Zones as Regional Development Enablers
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Special Economic Zones as Regional Development Enablers

Paulo Figueiredo (City University of Macau, Macau), Francisco José Leandro (City University of Macau, China) and Yichao Li (City University of Macau, Macau)
Pages: 300|DOI: 10.4018/978-1-7998-7619-9
ISBN13: 9781799876199|ISBN10: 1799876195|EISBN13: 9781799876212|ISBN13 Softcover: 9781799876205
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Description

Special Economic Zones (SEZs) are important doorways for countries to attract foreign investment and promote trade. A strong correlation between the creation of SEZs and economic development indicators, has also been identified in previous studies, at municipal level, in China. Thus, the fundamental question that needs dwelling is: to what extent can Special Economic Zones play the role of development enablers, in different regions, development states and institutional settings, and can they possibly have an ambivalent function in the Belt and Road Initiative, simultaneously boosting trade and contributing to a future improvement of development indicators?

Since the 1990s, SEZs have been growing rapidly around the globe. Undeniably, the different types of SEZs play a positive role in the optimization and upgrading of the industrial structure, the innovation of science and technology, and the sustainable development of the economy. The reasons to organize this publication are many, but among them stand three, which function as the driving forces behind this book: (1) The diverse and international track records in the implementation of SEZs; (2) The interplay of SEZ models and local institutional infrastructure and stakeholders; (3) Are there SEZs models that can best fit certain development states and/or institutional settings?

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