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INVESTMENS WITHIN THE AREAS OF SPECIAL ECONOMIC ZONES CREATION OF LONG TERM ECONOMICAL GROWTH

Radoslaw Pastusiak
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Radoslaw Pastusiak: University of lodz

Equilibrium. Quarterly Journal of Economics and Economic Policy, 2009, vol. 3, issue 2, 155-165

Abstract: In the age of global economy, the possession of unique knowledge and high specialization skills is the key to progress. Under such circumstances, running a business means gaining competitive advantage, especially in terms of intellectual potential. Five sectors: high-tech industry, R&D, education, business services and information technology play the main role in building of the new economy, this is of course due to investments. For developing countries, the main way to attract investors is to a establish special economic zone. The author of the article explores the idea whether investments in SE Z can be a basis for stable long term GDP growth.

Keywords: special economic zones; long term; growth (search for similar items in EconPapers)
Date: 2009
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