Prerequisites for Creation of Special Economic Zones

Igor Andreevich Karachev
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Igor Andreevich Karachev: P.G. Demidov Yaroslavl State University, Yaroslavl, Russia

Russian Foreign Economic Journal, 2023, issue 8, 63-79

Abstract: The purpose of this study is to describe the functioning of special economic zones in developed and developing countries, and to establish possible prerequisites for their creation using the author’s algorithm. Using statistics on global competitiveness index and production capacities index, the grounds for special zones creation are determined both in general and in relation to their functional types: logistic, complex, specialized and innovative zones. As a result, the article identifies and formulates common approaches to the establishment of special economic zones in developed and developing countries: supportive and central approaches.

Keywords: Special economic zone; grounds for creation; investment climate; productive capacity; strategic approach; developed and developing countries (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2023_08_63-79

DOI: 10.24412/2072-8042-2023-8-63-79

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