EconPapers    
Economics at your fingertips  
 

Malaysia’s Proactive Economic Zone Regime as a Model to Emulate for Success of Bangladesh Economic Zone Scheme

Md. Mahmudul Alam (), Rafiqul Islam Molla and Md Murad ()

No kzx2f, OSF Preprints from Center for Open Science

Abstract: Economic zone or export processing zone in a country is a purpose-built industrial park with infrastructure designed to suit the needs of foreign as well as local investors. In order to tempt foreign investors into the zones the host developing countries offer a variety of incentives. By encouraging and motivating the multinational companies to settle their Greenfield investments in developing countries, the economic zone scheme acts as a tool for empowering the local economy to gain multiple capabilities and go global increasingly to facilitate income convergence between the industrialized and the developing countries through equitable sharing of the gains from trade. Nonetheless, it is not a magic wand. Its experiences in Malaysia and Bangladesh clearly show that it can create wonder only when it is appropriately designed and managed. It is suggested that Bangladesh borrows a leaf from the rich experiences of Malaysia‟s economic zone model, to restructure and revitalize her economic zone scheme for greater success

Date: 2019-02-25
New Economics Papers: this item is included in nep-sea
References: View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://osf.io/download/5c7388958d5d98001b349505/

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:osf:osfxxx:kzx2f

DOI: 10.31219/osf.io/kzx2f

Access Statistics for this paper

More papers in OSF Preprints from Center for Open Science
Bibliographic data for series maintained by OSF ().

 
Page updated 2021-02-12
Handle: RePEc:osf:osfxxx:kzx2f