Special Economic Zones (SEZs): Untold Agonies
Special Economic Zones or SEZs are taking centre-stage in the debate concerning development in Asia today. The rapid expansions of SEZs in various Asian countries have initiated a widespread debate on the impact of such zones on the economic growth and development of the concerned nations. As evident from its name, an SEZ refers to an economic zone which receives very special and preferential treatment from the national government. These SEZs in Asia and elsewhere serve international as well as domestic markets with a focus on exports. Other economic zones with a similar nature include Export Processing Zones (EPZs), Free Trade Zones (FTZs), Special Industrial Belts, etc. Despite the existence of different types of economic zones, the SEZ is emerging as the most dominant model in Asia in the twenty first century. This paper aims to highlight the impact of SEZs and similar zones on the livelihoods of common people in Asia, an aspect which has received little attention in SEZ-related literature so far. The main argument of this paper is that economic growth, as demonstrated in rising Gross Domestic Product (GDP), is not necessarily the same as economic development nor does it always mean an improvement in the well-being of the majority of the people in a country.
|Title:||Special Economic Zones (SEZs): Untold Agonies|
|Authors:||Pesticide Action Network Asia Pacific|
|Publisher:||Pesticide Action Network Asia Pacific|
|Appears in Sub-Collections:||Export Orientated Industries|
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