Artigos

Impact of Special Economic Zones on domestic market: Evidence from Russia

Impact of Special Economic Zones on domestic market: Evidence from Russia

1 minuto Place-based policies can be an effective instrument for governments to encourage the economic development of a country. A Special Economic Zone (SEZ) is a place-based policy aimed at attracting FDI, employment growth, and supporting new economic reforms. In addition, for emerging economies an SEZ could be a potential catalyst for development; foreign investors can have a drastic impact on the productivity of domestic firms, revenues, and market shares through the implementation of new technologies and the creation of new firms.  However, the Continue lendo

Do special economic zones work in Africa?

Do special economic zones work in Africa?

9 minutos Special economic zones (SEZs) have long been touted as an effective way to ramp up foreign direct investment (FDI), increase trade and provide jobs for developing and developed countries alike. SEZs come in many forms, but they are usually geographically limited areas where companies enjoy tax benefits and other legal priveleges, set up in order to attract foreign investment and boost employment. They were first rolled out in the late 1950s in industrialised countries and quickly spread to Latin America and East Asia. In Africa, the Continue lendo

How special economic zone is revolutionising African economy

How special economic zone is revolutionising African economy

5 minutos The adoption of Special Economic Zones (SEZs) by African countries in partnership with private investors is expected to help the continent attract foreign direct investment, boost local revenue and create jobs both directly and indirectly. Poised to modernize, industrialize and be globally competitive, Africa countries are increasingly adopting the concept of Special Economic Zones (SEZs), and Free Trade Zones (FTZs) across the region. African countries such as Nigeria, Rwanda, Gabon, Togo, Benin, and Cote d’Ivoire, Ghana, among others are trailing the blaze Continue lendo

Now is the time to review free zones

Now is the time to review free zones

2 minutos As many as 136 countries agreed to the introduction of an OECD-sponsored reform in October 2021, introducing a global minimum corporate tax rate of 15%. The reform has yet to be ratified by local parliaments and effectively implemented, remaining a head-scratcher for many, particularly in developing countries. However, Irma Mosquera, professor of tax governance at Leiden University in the Netherlands, believes that “the time is now” for policymakers to reconsider the kind of fiscal incentives they offer investors through tools like free trade zones Continue lendo

Singapore free trade zones: All you need to know

Singapore free trade zones: All you need to know

1 minuto Free-trade zones in Singapore are special economic areas that offer beneficial customs and tax treatment to firms that operate within them. In this guide, we will discuss what are free-trade zone in Singapore, how they are regulated, what are their advantages, and which permits or licenses your company requires to operate within free-trade zones in Singapore. Singapore is known around the world as a trade-focused country with pro-business free trade regulations that form the core of its international trade policy. Singapore’s free-trade Continue lendo