Economic Development Zones

Abstract

Economic development zone (EDZ) is a spatial policy and experimental strategy for stimulating economic growth. Even though its roots are ancient, it is only in recent decades that EDZ has emerged as a powerful global form. Zoning technologies, as a compromise between liberal and protective regimes, can be seen as the state's intention to cope with the emerging opportunities and pressures of internationalization by redefining its territory, border, and sovereignty. However, the restructuring process incurs social and spatial tensions, since that zoning policy also implies differentiating the treatment of land and people. Situated in changing political‐economic climates, EDZs, on the one hand, extend to cover as far as possible, through networking, the subcontracted fragments of the national territory, and, on the other hand, become part of the assemblage of a globalizing world.

Prioritize special economic zones establishment through a multi-criteria decision-making approach: A case study on the federal states of Somalia

“…One of the most acknowledged initiatives is the establishment of special economic zones (SEZs), which aim to attract investments, create employment, and diversify economies, usually expanding the manufacturing sector. 2 Moreover, SEZs play a crucial role in supporting structural transformations 3 and integrating emerging markets in global trade. 4 Since tax incentives are critical drivers of investments, SEZs are often used as a tax instrument.…”