Artigos

Why special economic zones remain important

Why special economic zones remain important

3 minutos Special Economic Zones (SEZs) derive their value from a combination of three key drivers: an encouraging regulatory environment that provides the necessary support the industry needs to take root in a new market; an operating environment that ensures both physical infrastructure (hard) and policies (soft) are in place to support businesses and their employees; and the more rudimentary element of incentives, financial and non-financial, that provide impetus for investment in a location that might other-wise be less appealing. The UAE was a Continue lendo

SEZs in Vietnam: What’s in a name?

SEZs in Vietnam: What’s in a name?

11 minutos The Vietnamese government sees special economic zones (SEZs) as the most important source for future economic growth momentum and breakthrough institutional reforms. Unfortunately, as I analyzed in the first part of this series, the dawn of the Vietnamese SEZs does not appear very bright. There are few weeks left for the Vietnamese public and the National Assembly to debate the SEZ law, which is expected to be approved at the next session. It’s worth reviewing the draft law as well as looking back Continue lendo

The Digital Free Trade Zone (DFTZ): Putting Malaysia’s SMEs onto the Digital Silk Road

The Digital Free Trade Zone (DFTZ): Putting Malaysia’s SMEs onto the Digital Silk Road

menos de 1 minuto The DFTZ was launched in November 2017 in partnership with Jack Ma, Executive Chairman of the Alibaba Group. It aims to connect Malaysia’s SMEs globally through Alibaba-inspired electronic world trade platforms that are being established to support greater exchange between Belt and Road Initiative (BRI) countries. DFTZ challenges will include: Budgetary incentives to increase imports via e-commerce will intensify competitive pressures on domestic producers, although it can enhance transhipment. E-commerce platform usage will require an SME to have an export strategy, Continue lendo

The impact of export processing zones on employment, wages and labour conditions in developing countries

The impact of export processing zones on employment, wages and labour conditions in developing countries

2 minutos Export processing zones (EPZs), also called free trade zones, are one of the most common instruments of industrial policy in developed and developing countries. Despite their proliferation and spread across all countries in the world, there is little evidence about the impact that EPZs have on employment and wages. More importantly, EPZs have been heavily scrutinised by civil society, often accused of employing a ‘race to the bottom’ strategy in terms of labour conditions. The objective of this systematic review, therefore, is Continue lendo

Vietnam’s special administrative and economic zones, a close look

Vietnam’s special administrative and economic zones, a close look

5 minutos The National Assembly (NA) said last week it would not consider a bill on the special administrative and economic zones (SAEZs) of Van Don, North Van Phong, and Phu Quoc in October as previously scheduled. It said the bill needs further consultation with the public, organizations, experts and scientists, and can be taken up at later. The establishment of these special economic zones reflects the government’s determination to attract new domestic and foreign investment. The following are the key points in the draft Law Continue lendo