Artigos

A Comparative Review of Special Economic Zones: Demystifying Myths and Controversies

A Comparative Review of Special Economic Zones: Demystifying Myths and Controversies

menos de 1 minuto This article provides a brief comparative overview of special economic zones as legal and economic structures for national development. The creation and operations of SEZs usually triggers public scrutiny and attracts somewhat excessive but justified criticism. This contribution assesses success stories and critically examines failures and media criticism to offer a more balanced and objective picture of SEZs. Concurrently the article aims to provide a better understanding of SEZs. By drawing lessons on examples from Asia and Africa, we seek Continue lendo

The special economic zones and innovation: Evidence from China

The special economic zones and innovation: Evidence from China

menos de 1 minuto We examine the impact of Special Economic Zones (SEZs) on innovation using China’s county-level data from 1985 to 2011. Results show that the establishment of SEZs promotes a county’s innovation in terms of application, grant and citation numbers of patents by 15%–25%, 8%–22% and 15%–25%, respectively. The promoting effect of establishing high-tech SEZs is higher than that of establishing economic and technological SEZs. Compared with provincial SEZs, national SEZs have a greater effect on innovation. Counties with universities nearby apply for more Continue lendo

Uma política consistente para o setor de petróleo e derivados

Uma política consistente para o setor de petróleo e derivados

6 minutos Na década de 70, ocorreram dois significativos choques de petróleo, que mudaram a economia mundial. Em 1973, o Brasil produzia apenas um quinto da demanda interna de petróleo e, em 1979, foi atropelado pelo segundo aumento de preço da commodity, da ordem de 200%, acrescido do aumento brutal das taxas de juros internacionais. Respondemos com políticas econômicas equivocadas (depois corrigidas, a custo de enormes sacrifícios) que parecem se repetir agora. Ao deixar a cotação do dólar subir no início da crise da Continue lendo

Free Trade Zones in Costa Rica: Country benefit and current issues

Free Trade Zones in Costa Rica: Country benefit and current issues

3 minutos The Foreign Trade Corporation of Costa Rica (PROCOMER) presented the report named Balance of the Free Trade Zones: Net Benefit of the Regime for Costa Rica 2014-2018, which analyzes and exposes what the Free Trade Regime represented for the country in 2018, in economic and social terms. Furthermore, it is important to supplement this study with certain data to October of 2019, with the purpose of putting into context the actual growth in this sector.   When analyzing this report, it is easy to conclude that, with Continue lendo

How special economic zones are reshaping the world economy

How special economic zones are reshaping the world economy

3 minutos Special Economic Zones (SEZs) are reshaping the world economy – yet, no one is paying attention. SEZs are business parks granted legal autonomy to improve their governance. Companies operating within SEZs enjoy unique tax breaks, streamlined government regulations, special VISA rights and different labor laws. This enables businesses to operate in emerging markets without the usual problems that businesses in the developed world face. Understandably, SEZs have become increasingly popular among emerging market investors. In 1979, there were 200 SEZs. Now, there Continue lendo