Special economic zones: An effective instrument for growth in Africa?

Saskia Mösle
Authors registered in the RePEc Author Service: Saskia Meuchelböck

No 16/2019, PEGNet Policy Briefs from PEGNet - Poverty Reduction, Equity and Growth Network, Kiel Institute for the World Economy (IfW Kiel)

Abstract: * Special Economic Zones (SEZs) are an increasingly popular policy instrument aimed at attracting investment and inducing structural change. * Today, there are over 5,000 SEZs worldwide but their economic performance varies widely. * SEZs are particularly widespread in Asia, where they are regarded as a key engine of the export-led growth in recent decades. * In Sub-Saharan Africa, SEZs have been less successful so far, especially due to inadequate planning and implementation of zone programs. * Carefully designed and managed, SEZs have the potential to alleviate shortcomings in the national business climate and to contribute to private sector development.

Date: 2019
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