Attracting investment by introducing the city as a special economic zone: a perspective from Mauritius
Zaheer Allam and
David Sydney Jones
Urban Research & Practice, 2019, vol. 12, issue 2, 201-207
Abstract:
Increasing urbanisation require proportionate capital injections in infrastructural projects to respond to local challenges. However, local public investments, especially in low-income economies and nations, are scare due to their low budgetary capacity, resulting in a downgrade of quality in primary public infrastructure; hence, impacting on liveability levels of socio-economic dimensions of these cities. This article proposes a policy tool to address this issue by envisaging the city as a Special Economic Zone with appropriately formulated fiscal mechanisms to encourage private sector investment in the public domain in accordance with guidelines and objectives set by government or public institutions.
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:taf:rurpxx:v:12:y:2019:i:2:p:201-207
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DOI: 10.1080/17535069.2019.1607017
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