Export Processing Zones: The Economics of Enclave Manufacturing

Peter Warr

The World Bank Research Observer, 1989, vol. 4, issue 1, 65-88

Abstract: Export processing zones (EPZs) are economic enclaves within which manufacturing for export occurs under virtual free trade conditions. Many developing countries have established EPZs in hopes of reaping economic gains through employment, foreign exchange earnings, and technology transfer. This article studies the benefits and costs of EPZs in Indonesia, the Republic of Korea, Malaysia, and the Philippines and reviews the relationship between the welfare effects of EPZs and the host country's economic policies. When the domestic economy is distorted, the EPZ confers limited welfare gains. Nevertheless, EPZs are far from the "engines of development" that some countries had initially hoped they would become. Copyright 1989 by Oxford University Press.

Date: 1989
References: Add references at CitEc
Citations: View citations in EconPapers (39)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:wbrobs:v:4:y:1989:i:1:p:65-88

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

The World Bank Research Observer is currently edited by Peter Lanjouw

More articles in The World Bank Research Observer from World Bank Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK. Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().