Economics, Econometrics and Finance General Economics, Econometrics and Finance

Economic Zones and Regional Development

Description

This cluster of papers explores the economic impact, development potential, and challenges of Special Economic Zones (SEZs) and Export Processing Zones (EPZs) in various countries, with a focus on regional development, industrial clusters, global trade, ethnic diversity, sustainable development, FDI attraction, and labor conditions. The papers provide insights into the role of SEZs in shaping economic policies and fostering growth in emerging economies.

Keywords

Special Economic Zones; Export Processing Zones; Economic Impact; Regional Development; Industrial Clusters; Global Trade; Ethnic Diversity; Sustainable Development; FDI Attraction; Labor Conditions

List of Illustrations ix Preface xi List of Abbreviations xv Chapter 1: Introduction 1 Chapter 2: Multinational Firms and Domestic Governments 23 Chapter 3: Theory 40 Chapter 4: The Race … List of Illustrations ix Preface xi List of Abbreviations xv Chapter 1: Introduction 1 Chapter 2: Multinational Firms and Domestic Governments 23 Chapter 3: Theory 40 Chapter 4: The Race to the Bottom Thesis and FDI 53 Chapter 5: Democracy and FDI 72 Chapter 6: Veto Players and FDI 100 Chapter 7: The IMF and FDI Inflows 129 Chapter 8: Conclusion 146 Notes 157 References 167 Index 185
Abstract Globalization: A Very Short Introduction looks at the interconnected and accelerated processes changing how we see and experience the world. Is globalization really a new phenomenon? Is increased connection … Abstract Globalization: A Very Short Introduction looks at the interconnected and accelerated processes changing how we see and experience the world. Is globalization really a new phenomenon? Is increased connection between people and nations inevitable, or are we witnessing the beginning of an era of ‘deglobalization’ or ‘anti-globalization’? Updated with new developments including advancing climate change, the Trump presidency, and the Mexico–USA border, this VSI explores the history and impact of globalization. Chapters on the cultural, economic, political, and ecological dimensions of globalization investigate the impact of new technologies, economic deregulation, and mass migration on our world and consider what we might expect from the future of globalization.
Why economic reform started in 1978Deng Xiaoping took over control of the Communist Party of China (CPC) in 1978.He was responsible for initiating reform of the planned economy to move … Why economic reform started in 1978Deng Xiaoping took over control of the Communist Party of China (CPC) in 1978.He was responsible for initiating reform of the planned economy to move towards a more market-oriented economy.In a sense, the change in policy can be interpreted partially as a continuation of the 'four modernisations' (of agriculture, industry, defence, and science and technology) announced by premier Zhou Enlai in 1964, but interrupted by the Cultural Revolution.This explanation was suggested to me by a former vice-premier of the People's Republic of China (PRC).On the other hand, a former premier once told me: 'The Cultural Revolution did great harm to China, but it freed us from certain ideological constraints.'These statements indicate that the Cultural Revolution did affect the thinking of top party leaders and thus the course of China's economic development.Taking these statements into account, together with other considerations, I offer the following explanation for the initiation of economic reform.There were four reasons the time was ripe for reform.First, the Cultural Revolution was very unpopular, and the party and the government had to distance themselves from the old regime and make changes to win the support of the people.Second, after years of experience in economic planning, government officials understood the shortcomings of the planned system and the need for change.Third, successful economic development in other parts of Asia-including Taiwan, Hong Kong, Singapore and South Korea, known as the 'Four Tigers'-demonstrated to Chinese government officials and the Chinese people that a market economy works better than a planned one.This lesson was reinforced by the different rates of economic development in North and South Korea, and among countries in Eastern and Western Europe.Fourth, for the reasons stated above, the Chinese people were ready for, and ready to support, economic reform.Given these four reasons, was economic reform in 1978 inevitable?My answer is yes.The first two reasons alone were sufficient to motivate the government to initiate reform.The urgency of the case was such that it had to occur as soon as the political leadership was ready after Chairman Mao Zedong's death.The
List of Photographs ix List of Figures xi List of Tables xiii Preface xv Acknowledgments xix Chapter One: The Great Transformation and Local Choices 1 Chapter Two: Toward a Theory … List of Photographs ix List of Figures xi List of Tables xiii Preface xv Acknowledgments xix Chapter One: The Great Transformation and Local Choices 1 Chapter Two: Toward a Theory of Urban Development 29 Chapter Three: Ten Cities, Thirty Years 55 Chapter Four: Social- and Market-centered Strategies 101 Chapter Five: Driving and Steering Urban Strategy 149 Chapter Six: Dirigiste and Entrepreneurial Bargaining 171 Chapter Seven: Dependent Bargaining: Public and Private 223 Chapter Eight: Are Cities Converging? 267 Chapter Nine: Strategies for the International Marketplace 313 Chapter Ten: Conclusions: Cities Need Not Be Leaves in the Wind 346 Appendix: Sources and Notes for Figures and Tables 361 Source Notes 373 Glossary 391 Bibliography 395 Index 425
What will power look like in the century to come? Imperial Great Britain may have been the model for the nineteenth century, Richard Rosecrance writes, but Hong Kong will be … What will power look like in the century to come? Imperial Great Britain may have been the model for the nineteenth century, Richard Rosecrance writes, but Hong Kong will be the model for the twenty-first. We are entering the Age of the Virtual State -- when land and its products are no longer the primary source of power, when managing flows is more important than maintaining stockpiles, when service industries are the greatest source of wealth and expertise and creativity are the greatest natural resources. Rosecrance's brilliant new book combines international relations theory with economics and the business model of the virtual corporation to describe how virtual states arise and operate, and how traditional powers will relate to them. In specific detail, he shows why Japan's kereitsu system, which brought it industrial dominance, is doomed; why Hong Kong and Taiwan will influence China more than vice-versa; and why the European Union will command the most international prestige even though the U.S. may produce more wealth.
No AccessDirections in Development - General1 Feb 2013Special Economic ZonesProgress, Emerging Challenges, and Future DirectionsAuthors/Editors: Thomas Farole and Gokhan AkinciThomas Farole and Gokhan Akincihttps://doi.org/10.1596/978-0-8213-8763-4SectionsAboutPDF (3.6 MB)Other FormatsePUB ToolsAdd to favoritesDownload … No AccessDirections in Development - General1 Feb 2013Special Economic ZonesProgress, Emerging Challenges, and Future DirectionsAuthors/Editors: Thomas Farole and Gokhan AkinciThomas Farole and Gokhan Akincihttps://doi.org/10.1596/978-0-8213-8763-4SectionsAboutPDF (3.6 MB)Other FormatsePUB ToolsAdd to favoritesDownload CitationsTrack Citations ShareFacebookTwitterLinked In Abstract:For countries as diverse as China and Mauritius, Special Economic Zones (SEZs) have been a powerful tool to attract foreign investment, promote export-oriented growth, and generate employment; for many others, the results have been less than encouraging. While the benefits and limitations of zones will no doubt continue to be debated, what is clear is that policymakers are increasingly attracted to them as an instrument of trade, investment, industrial, and spatial policy. Since the mid 1980s, the number of newly-established zones has grown rapidly in almost all regions, with dramatic growth in developing countries. In parallel with this growth and in the evolving context of global trade and investment, zones are also undergoing significant change in both their form and function, with traditional export processing zones (EPZs) increasingly giving way to larger and more flexible SEZ models. This new context will bring significant opportunities for developing countries to take advantage of SEZs, but will also raise new challenges to their successful design and implementation.This volume aims to contribute to a better understanding of the role and practice of SEZs in developing countries, in order to better equip policymakers in making effective decisions in planning and implementing SEZ programs. It covers some of the emerging issues and challenges in SEZs ? including upgrading, regional integration, WTO compliance, innovation, the environment, and gender issues ? with practical case examples from SEZ programs in developing countries. Previous bookNext book FiguresreferencesRecommendeddetailsCited byClosed or connected? The economic geography of technological collaboration between special economic zones in China's Suzhou-Wuxi-Changzhou metropolitan areaUrban Geography, Vol.44, No.912 October 2022The role of industrial parks in managing sustainability challenges of urban transition: empirical analysis of the context in Adama and Hawassa Industrial Parks of EthiopiaEnvironment, Development and Sustainability, Vol.63 September 2023Special economic zones location decision and quality of life in Ethiopia: the case of Bole Lemi-1 and Eastern Industry ZoneGeoJournal, Vol.88, No.428 February 2023The economic growth effects of foreign direct investment in developing countries, 1980–2019International Journal of Sociology, Vol.53, No.422 June 2023Assessing the impact of special economic zones on regional growth through a comparison among EU countriesRegional Studies, Vol.57, No.625 May 2022Toward a New Urban Agenda in Amazônia28 July 2023DEVELOPING SPECIAL ECONOMIC ZONES (SEZs) IN MALAYSIA: A LAND USE PLANNING LEGAL PERSPECTIVEPLANNING MALAYSIA, Vol.2127 April 2023Post-Brexit regional policy in England: exploring 'Levelling Up' in practiceRegional Studies, Vol.1017 April 2023Bibliography7 April 2023Polycentric urbanization as enclave urbanization: a research agenda with illustrations from the Yangtze River Delta Region (YRDR), ChinaTerritory, Politics, Governance, Vol.11, No.214 December 2020Export Promotion Policies and the Performance of Firms: Evidence from Bonded Zones In IndonesiaBulletin of Indonesian Economic Studies, Vol.59, No.15 April 2023Economic Impact of Transport Infrastructure in Ethiopia: The Role of Foreign Direct InvestmentSAGE Open, Vol.13, No.127 March 2023The Meaning of Place and Space in Research & Development for Sustainability: A Case Study of Special Economic Zones in Zimbabwe, Post-20005 April 2023Implementing a Development Strategy for Revitalizing Industrial Areas in Crisis. The Experience of the Tito Industrial Area in the Basilicata Region (Southern Italy)29 June 2023The role of special economic zones (SEZs) in achieving sustainable development in NigeriaE3S Web of Conferences, Vol.40219 July 2023Serbest Bölgelerin Yer Seçimini Etkileyen Dinamiklerin Belirlenmesi: Mersin Serbest Bölgesi Üzerine Bir DeğerlendirmeİDEALKENT, Vol.14, No.Özel Sayı31 December 2022Importing export zones: processes and impacts of replicating a Chinese model of urbanization in rural south IndiaUrban Geography, Vol.43, No.1017 December 2021Are special economic zones products of corruption?Journal of Entrepreneurship and Public Policy, Vol.11, No.2/314 July 2022Circulation and containment in the knowledge-based economy: Transnational education zones in Dubai and QatarEnvironment and Planning A: Economy and Space, Vol.54, No.51 February 2022Special economic zones, export status, and firms' productivity: Theory and evidence from ChinaReview of Development Economics, Vol.26, No.328 March 2022The Twin Peaks of the Export Intensity DistributionJournal of the European Economic Association, Vol.20, No.33 February 2022Strategic coupling in global production networks through international cooperation zones: the Thai–Chinese Rayong Industrial ZoneRegional Studies, Vol.56, No.51 July 2021Knowledge Transfer in the Global South: Reusing or Creating Knowledge in China's Special Economic Zones in Ethiopia and Cambodia?Global Policy, Vol.13, No.S19 April 2022The challenge of developing special economic zones in Africa: Evidence and lessons learntRegional Science Policy & Practice, Vol.14, No.226 April 2022The Meaning of Place and Space in Research & Development for Sustainability: A Case Study of Special Economic Zones in Zimbabwe, Post-200025 December 2021SEZs and China's Development PromotionTourism Special Economic ZoneInternational Journal of Social Ecology and Sustainable Development, Vol.13, No.1Sexual Risk Behaviors, HIV Prevalence and Access to Reproductive Health Services Among Young Women Migrant Workers in the Industrial Zones in VietnamFrontiers in Reproductive Health, Vol.33 December 2021Emerging from war: Public policy and patterns of foreign direct investment recovery in postwar environmentsJournal of International Business Policy, Vol.4, No.47 January 2021Dampak Penerapan Kebijakan Free Trade Zone di Indonesia Terhadap Penanaman Modal AsingJurnal Pembangunan Wilayah dan Kota, Vol.17, No.330 September 2021Understanding regional value chains through the interaction of public and private governance: Insights from Southern Africa's apparel sectorJournal of International Business Policy, Vol.4, No.323 September 2020The effects of culture, attitudes and perceptions on industrial cluster policy: The case of RussiaCompetition & Change, Vol.25, No.3-418 August 2020Honduras: Using maquilas and international agreements to boost the garment industry3 August 2021Overview3 August 2021Variegated transnational partnerships: Multi-scalar actor networks in China's overseas industrial parksJournal of Geographical Sciences, Vol.31, No.529 June 2021Analysis on geo-effects of China's overseas industrial parks: A case study of Cambodia Sihanoukville Special Economic ZoneJournal of Geographical Sciences, Vol.31, No.529 June 2021A zone of exception? Interrogating the hybrid housing regime and nested enclaves in China-Singapore Suzhou-Industrial-ParkHousing Studies, Vol.36, No.414 October 2020Special economic zones and liberalization avalanchesJournal of Entrepreneurship and Public Policy, Vol.10, No.1Evolution of the Productive Capabilities of Mexico: Economic Complexity Analysis for the Development of Special Economic Zones (SEZ)The International Trade Journal, Vol.35, No.17 December 2020Smart Technologies and Logistics as Drivers of Development of a Special Economic Zone16 October 2020Special Economic Zones Unpacked6 November 2021Chinese Experiences on Special Economic Zones6 November 2021Towards a New Generation of Special Economic Zones6 November 2021Overview of Special Economic Zones in Africa6 November 2021Regulatory and Institutional Framework of Special Economic Zones6 November 2021Guidelines for Special Economic Zones Development and Collaboration: Evidence from Asia6 November 2021The Impact of Special Economic Zones6 November 2021Critical Success Factors of Special Economic Zones6 November 2021Special Economic Zones: Showcasing Success and Failures6 November 2021Special Economic Zones and the Political Economy of Place-Based Policies14 January 2021A Review of Regional Development, Disparities, and Public Policies in Mexico: Reflections on an Environment of Strategic Reconfigurations2 October 2021A New Structural Economics Perspective on the Ethiopian SEZs: A 'Shenzhen Miracle' in Africa in the Making?1 January 2022The Institutional Framework for Entrepreneurship in Transition2 October 2020China's Finance in Africa, Vol.9617 December 2020Labor standards and social conditions in free trade zones: the case of the Manaus free trade zoneEconomics, Vol.14, No.117 June 2020ZPE: AN ANALYSIS FOR THE SOCIO-ECONOMIC DEVELOPMENT OF THE WEST REGION OF MATO-GROSSO.1 December 2020Concept for the Developmen of the North-South International Transport CorridorVestnik Volgogradskogo gosudarstvennogo universiteta. Ekonomika, No.2Enterprise zones in Sub-Saharan Africa: Evolution, rationalization, processes evaluation and outcomesAfrican Journal of Business Management, Vol.14, No.731 July 2020Fishing, farming and factories: adaptive development in coastal CambodiaClimate and Development, Vol.12, No.629 July 2019POLICY OF SPECIAL ECONOMIC ZONES AND ENVIRONMENTAL POLICIES IN BANGKA BELITUNG: A STAKEHOLDER ANALYSISHumanities & Social Sciences Reviews, Vol.8, No.41 October 2020Embedded Enclaves? Initial Implications of Development of Special Economic Zones in MyanmarThe European Journal of Development Research, Vol.32, No.230 March 2020The impacts of spatially targeted programmes: evidence from GuangdongRegional Studies, Vol.54, No.31 August 2019Sustainability and Financing Project: The UAE Paradigm12 February 2020The Governance and Management of African Cities: Alternative Approaches and Models Towards Transforming into Successful Cities of the Future16 September 2020Tanger MED SEZs: A Logistic and Industrial Hub in the Western Mediterranean30 September 2020Changing Spatialities of Employment: Geographies of Industry and Services15 October 2019Changing Spatialities of Employment: Geographies of Industry and Services25 April 2020Special Economic Zones and the Political Economy of Place-Based Policies28 December 2019Sharing Place: A Case Study on the Loss of Peri-urban Landscape to Urbanization in India9 August 2019China's Success in Poverty Reduction and Its Contribution to Worldwide Progress Toward MDGs4 August 2020Modèles d'affaires et modèles d'affaires innovants au sein des zones franches : une approche qualitativeManagement international, Vol.24, No.14 May 2020The Conceptual Framework Regarding Economic Corridors21 June 2019China's Overseas Special Economic Zones: Experience of the Republic of BelarusChinese Studies, Vol.2019, No.230 December 2019Will manufacturing investors go to border zones? The case of central ThailandInternational Journal of Emerging Markets, Vol.16, No.2Kenya's Madaraka Express: An Example of the Decisive Chinese Impulse for African Mega-Infrastructure ProjectsTargeting Places and People Left Behind9 January 2020Negotiating post-resettlement livelihoods: the Chinese special economic zone and its impact in northwestern LaosCanadian Journal of Development Studies / Revue canadienne d'études du développement, Vol.40, No.418 October 2018Batam: Life after the FTZ?Bulletin of Indonesian Economic Studies, Vol.425 July 2019Special Economic Zones and WTO Compliance: Evidence from the Dominican RepublicEconomica, Vol.86, No.34314 June 2018ECONOMIC COMPLEXITY OF THE SPECIAL ECONOMIC ZONES IN MEXICO: OPPORTUNITIES FOR DIVERSIFICATION AND INDUSTRIAL SOPHISTICATIONEnsayos Revista de Economía, Vol.38, No.11 May 2019Local institutional actors and globally linked territorial development in Bekasi District: A strategic coupling?Singapore Journal of Tropical Geography, Vol.40, No.228 October 2018Special Economic Zones (SEZ)15 April 2019In with the New and Out with the Old? Industrial Estates and the Prospects of Manufacturing in Durban, South AfricaUrban Forum, Vol.30, No.122 January 2019Poverty changes in Manaus: Legacy of a Brazilian free trade zone?Review of Development Economics, Vol.23, No.14 November 2018ТЕОРЕТИЧНІ ЗАСАДИ СТВОРЕННЯ ТА ФУНКЦІОНУВАННЯ СПЕЦІАЛЬНИХ (ВІЛЬНИХ) ЕКОНОМІЧНИХ ЗОН ЯК ФОРМИ ТЕРИТОРІАЛЬНО-ГАЛУЗЕВОЇ ОРГАНІЗАЦІЇ ГОСПОДАРСТВА РЕГІОНІВPROBLEMS AND PROSPECTS OF ECONOMIC AND MANAGEMENT, No.4(20)1 January 2019Ensayos Revista de Economía, Vol.38, No.2Foreign Direct Investment and Special Economic Zones in LatviaBaltic Journal of Real Estate Economics and Construction Management, Vol.6, No.113 December 2018Exclusive Development(s): Special Economic Zones and Enclave Urbanism in the PhilippinesCritical Sociology, Vol.44, No.321 March 2017Zone Analog: The State–Market Problematic and Territorial Economies in ChinaCritical Sociology, Vol.44, No.322 August 2017Place-Based Policies for Development4 May 2018Investigating operations of industrial parks in Beijing: efficiency at different stagesEconomic Research-Ekonomska Istraživanja, Vol.31, No.112 March 2018Introduction: The Urban Informal Economy RevisitedLatin American Perspectives, Vol.45, No.130 November 2017Special Economic Zones as an Engine of Regional Economic Development: the best Practices and Implications for UzbekistanINTERNATIONAL JOURNAL OF MANAGEMENT SCIENCE AND BUSINESS ADMINISTRATION, Vol.4, No.41 January 2018Special Economic ZonesThe Far EastProblems of Economic Transition, Vol.59, No.101 February 2018The impact of export processing zones on employment, wages and labour conditions in developing countries: systematic reviewJournal of Development Effectiveness, Vol.9, No.310 April 2017Trade Performance of Export Processing ZonesThe World Economy, Vol.40, No.513 April 2016Economic Development Zones6 March 2017Assessing special economic zones in China with the multi-sided platform modelJournal of Governance and Regulation, Vol.6, No.129 March 2017Shanghai Pilot Free Trade Zone and Its Effect on Economic Growth: A Counter-Factual ApproachOpen Journal of Social Sciences, Vol.05, No.09Polityka wobec bezpośrednich inwestycji zagranicznych. Wnioski dla Polski (Inward Foreign Direct Investment Policy. Lessons for Poland)SSRN Electronic Journal, Vol.116Does the Elimination of Export Requirements in Special Economic Zones Affect Export Performance? Evidence from the Dominican Republic5 December 2016The FDI Inflow to Special Economic Zones in Poland1 November 2016Global Experiences of Special Economic Zones with Focus on China and Africa: Policy InsightsJournal of International Commerce, Economics and Policy, Vol.07, No.0326 September 2016Entering GVCs11 July 2016Free Trade Zones21 April 2016Living the good life? The rise of urban mixed-use enclaves in Metro ManilaUrban Geography, Vol.37, No.323 September 2015Toward a More Business Friendly Tax Regime: Key Challenges in South Asia6 January 2016Regime Stability in Anocracies: The Role of Special Economic ZonesJadavpur Journal of International Relations, Vol.19, No.216 March 2016All Eyes on Xi: the Chinese 60 Billion Dollar Question and the Problematic of African DevelopmentTransnational Corporations Review, Vol.7, No.419 February 2016Global Experiences with Special Economic Zones: Focus on China and Africa28 May 2015Islands of globalisation: Offshore Services and the Changing Spatial Divisions of LabourEnvironment and Planning A, Vol.47, No.41 January 2015The political economy of special economic zonesJournal of Institutional Economics, Vol.11, No.110 June 2014The Implementation of Industrial Parks: Some Lessons Learned in IndiaJournal of International Commerce, Economics and Policy, Vol.06, No.01Cambodia's Special Economic ZonesSSRN Electronic Journal(Plans to Support North Korea's Special Economic Zones (SEZ) & Economic Development Zones (EDZ))SSRN Electronic JournalHow Trade Policy Could Ease Tensions in Fragile Countries9 February 2015The rationale of special economic zones ( SEZs ): An I nstitutional approachRegional Science Policy & Practice, Vol.6, No.18 January 2014Economic Structures30 April 2014Assumptions, Rationale and Reality of Special Economic Zones in the Polish RegionsRegions Magazine, Vol.291, No.16 August 2013Key Conditions for the Effectiveness of Special Economic Zones in Regional Development: Opportunities and Challenges for the Thrace Region22 December 2012 View Published: August 2011ISBN: 978-0-8213-8763-4e-ISBN: 978-0-8213-8764-1 Copyright & Permissions Related TopicsInternational Economics & TradePrivate Sector Development KeywordsSPECIAL ECONOMIC ZONES (SEZS)EXPORT PROCESSING ZONES (EPZS)FREE TRADE ZONES (FTZS)INDUSTRIAL PARKCOMPETITIVENESSFOREIGN DIRECT INVESTMENT (FDI)EXPORTSREGIONAL INTEGRATION PDF DownloadLoading ...
This handbook offers an overview of current research into how globalization is affecting the external relations and internal structures of major cities in the world. This handbook offers an overview of current research into how globalization is affecting the external relations and internal structures of major cities in the world.
Three Hong Kong-based geographers assess retrospectively the performance of special economic zones (SEZs) in China on the eve of the 30th anniversary of their founding. After exploring the general rationale … Three Hong Kong-based geographers assess retrospectively the performance of special economic zones (SEZs) in China on the eve of the 30th anniversary of their founding. After exploring the general rationale and historical context for the launching of the SEZ concept, they devote considerable attention to the divergent development paths and outcomes of the five SEZs established in China during the 1980s. Of particular importance has been the differing specific roles assigned to the SEZs based on their internal characteristics as well as location relative to (and interactions with) areas of intense commercial activity (Hong Kong and Macao) subsequently coming under Chinese sovereignty. The paper concludes by viewing the past performance of the SEZs within the context of the gathering momentum of globalization that afforded entry for their export-oriented manufacturing activities into world markets, and explores some implications of the current worldwide financial crisis for their future. Journal of Economic Literature, Classification Numbers: O180, O200, P200, R120. 1 figure, 3 tables, 56 references.
Journal Article Managing the Multinational Enterprise: Organisation of the Firm and Ownership of the Subsidiaries Get access Managing the Multinational Enterprise: Organisation of the Firm and Ownership of the Subsidiaries. … Journal Article Managing the Multinational Enterprise: Organisation of the Firm and Ownership of the Subsidiaries Get access Managing the Multinational Enterprise: Organisation of the Firm and Ownership of the Subsidiaries. By John M. Stopford and Louis T. Wells. London: Longman. 1972. 223 pp. Index. £4.50. Louis Turner Louis Turner Search for other works by this author on: Oxford Academic Google Scholar International Affairs, Volume 49, Issue 3, July 1973, Pages 450–451, https://doi.org/10.2307/2616854 Published: 01 July 1973
It is now receiving wide attention that since the adoption of the open-door policy at the end of the 1970s China has been extremely successful in attracting foreign direct investment … It is now receiving wide attention that since the adoption of the open-door policy at the end of the 1970s China has been extremely successful in attracting foreign direct investment (FDI). Particularly, according to UNCTAD's World Investment Report 1997: Transnational Corporations, Market Structure and Competition Policy , China has become the second largest recipient of FDI in the world since 1993, after the United States. On the other hand, however, it seems less noticed that China has also become a growingly important FDI exporting country. According to UNCTAD's same report, China now ranks as one of the largest outward investors among developing economies in the 1990s. By the end of 1996, the cumulative stock of Chinese outward FDI had reached over $18 billion, next only to Hong Kong ($112 billion), Singapore ($37 billion) and Taiwan ($27 billion). Consequently, China increased its share in world-wide FDI outflows from less than 0.5 per cent until 1991 to an average of 1.3 percent in 1991–95. As China is rapidly rising as a new economic power, its deepening participation in the regional and global economy, through both inward and outward FDI as well as trade, will inevitably bring about significant implications in the international political economy. This article attempts to explore the development of Chinese outward FDI, its characteristics and motives, the outward FDI regime, the government's policies and existing problems, and the prospects for the future trend of Chinese outward FDI.
In this book, Yasheng Huang makes a provocative claim: the large absorption of foreign direct investment (FDI) by China is a sign of some substantial weaknesses in the Chinese economy. … In this book, Yasheng Huang makes a provocative claim: the large absorption of foreign direct investment (FDI) by China is a sign of some substantial weaknesses in the Chinese economy. The primary benefits associated with China's FDI inflows are concerned with the privatization functions supplied by foreign firms, venture capital provisions to credit-constrained private entrepreneurs, and promotion of interregional capital mobility. Huang argues that one should ask why domestic firms cannot supply the same functions. China's partial reforms, while successful in increasing the scope of the market, have so far failed to address many allocative inefficiencies in the Chinese economy.
Abstract: In this article, we explore the issue of industrial agglomeration and its relationship to economic development and growth in the less‐developed countries of East Asia. We present theoretical arguments … Abstract: In this article, we explore the issue of industrial agglomeration and its relationship to economic development and growth in the less‐developed countries of East Asia. We present theoretical arguments and secondary empirical evidence as to why we should have strong expectations about finding a positive relationship between agglomeration and economic performance. We also review evidence from the literature on the roles of formal and informal institutions in East Asian regional economic systems. We then focus specifically on the case of China. We argue that regional development in China has much in common with regional development in other East Asian economies, although there are also important contrasts because of China's history of socialism and its recent trend toward economic liberalization. Through a variety of statistical investigations, we substantiate (in part) the expected positive relationship between agglomeration and economic performance in China. We show that many kinds of manufacturing sectors are characterized by a strong positive relationship between spatial agglomeration and productivity. This phenomenon is especially marked in sectors and regions where liberalization has proceeded rapidly. We consider the relevance of our comments about industrial clustering and economic performance for policy formulation in China and the less‐developed countries of East Asia.
This book presents recent literature on corporate mergers, acquisitions, takeovers, restructuring, and corporate governance as well as discussions of valuation, cost of capital, and strategic financial planning.This book discusses how … This book presents recent literature on corporate mergers, acquisitions, takeovers, restructuring, and corporate governance as well as discussions of valuation, cost of capital, and strategic financial planning.This book discusses how MA Boeing-McDonnell Douglas; Ciba-Geigy-Sandoz, Disney-Cap Cities-ABC, and Time Warner-Turner.
Tourism is now believed to provide an impetus to the economic progress of developing nations and its importance is gaining widespread recognition. In fact, the relationship between exports and growth … Tourism is now believed to provide an impetus to the economic progress of developing nations and its importance is gaining widespread recognition. In fact, the relationship between exports and growth is the subject of ongoing debate, but the nature of exports has received little attention. Despite the continuous efforts of developing countries to increase their exports, this strategy often adds little foreign exchange to their balance of payments. For many reasons, the non-traditional exports of developing countries have too often failed to prove effective in economic development and so tourism is increasingly seen as something of a saviour. This paper focuses on the success story of a small island economy, Mauritius. Once regarded as an extreme case of a mono-crop economy, relying very predominantly on the export of sugar, Mauritius is now a reputed exporter of non-traditional goods (textiles) and services (tourism). Using cointegration and causality tests, the author's results lend support to the contention that tourism has promoted growth, and further evidence suggests that tourism has a significant positive impact on Mauritian economic development.
Product cycle theory as expressed in the analogy of flying geese has become a widely accepted way of conceptualizing industrial diffusion across East Asia. As the product cycle is repeated … Product cycle theory as expressed in the analogy of flying geese has become a widely accepted way of conceptualizing industrial diffusion across East Asia. As the product cycle is repeated for increasingly sophisticated products, so, it is argued, the development trajectory of Japan will be replicated in a succession of sectors and countries. This approach fails, however, to capture the complexities of the contemporary regionalization of industrial production. East Asian industrial production should not be seen as a tightly coupled process in which the rise of national economies parallels successive product cycles. Rather than Japan's development trajectory being replicated in country after country, industrial diffusion has been characterized by shifting hierarchical networks of production and partial diffusion into diverse politicoeconomic contexts at differing historical junctures. It has also resulted in a triangulation of the region's trade patterns that has generated large imbalances in trade both within the region and between the region and the United States.
ABSTRACT This article examines recent Chinese efforts to construct a series of official economic cooperation zones in Africa. These zones are a central platform in China's announced strategy of engagement … ABSTRACT This article examines recent Chinese efforts to construct a series of official economic cooperation zones in Africa. These zones are a central platform in China's announced strategy of engagement in Africa as ‘mutual benefit’. We analyse the background, motives and implementation of the zones, and argue that they form a unique, experimental model of development cooperation in Africa: market-based decisions and investment by Chinese companies are combined with support and subsidies from an Asian ‘developmental state’. Though this cooperation provides a promising new approach to sustainable industrialisation, we also identify serious political, economic and social challenges. Inadequate local learning and local participation could affect the ability of the zones to catalyse African industrialisation. The synergy between Chinese enterprises, the Chinese government and African governments has been evolving through practice. A case study of Egypt provides insight into this learning process.
VRÜ Verfassung und Recht in Übersee , Seite 86 - 91 VRÜ Verfassung und Recht in Übersee , Seite 86 - 91
Urbanisation in the People's Republic of China during 1949-78 was mainly driven by internal forces under a self-reliant, centrally planned economic system. Since the Opening and Reform initiated in 1978, … Urbanisation in the People's Republic of China during 1949-78 was mainly driven by internal forces under a self-reliant, centrally planned economic system. Since the Opening and Reform initiated in 1978, external forces, especially foreign investment inflow, have emerged as a new driving force of urbanisation in some parts of China, particularly in the Pearl River Delta (the Delta) of South China. This study investigates the nature and pattern of this new type of urbanisation, which we label as exo(genous)-urbanisation. Foreign direct investment (FDI) into the Delta is mainly characterised by small and medium-scale, labour-intensive, processing-types of manufacturing and trade-creative investment coming from Hong Kong and Macao. It shows a spatial tendency within the host region's urban hierarchy in favour of small cities and counties and a distinct border orientation. This contrasts with the concentration in large metropolises or economic core regions found in most less developing countries. Such FDI has interacted with internal reforms to effect significant changes in the Delta during 1978-93, such as economic restructuring, rural industrialisation, the emergence of an export-oriented economy and its rapid integration with the world economy. It has also generated massive population in-migration and dramatic landscape transformation there. Put simply, exo-urbanisation in the Delta shows a predominant growth of small urban centres particularly those along the border with Hong Kong and Macao and hence a more equal level of urbanisation in the Delta and a declining primacy of Guangzhou, the regional primate city. However, exo-urbanisation in the Delta also raises doubts on social and environmental fronts as well as on its durability. The FDI inflow and the newly created export-oriented industrialisation and urban growth in the Delta are obviously subject to vicissitudes of the world market. In spite of this, contemporary urbanisation theories should give attention to the role of external forces. Further studies on exo-urbanisation are not only practical for development and planning in areas under intensive inflow of foreign investment, but could also enrich the literature on the globalisation process and its impacts on the developing countries.
In the almost two decades since economic reform began in China the role of the foreign sector has burgeoned in ways that no one anticipated. The volume of foreign trade … In the almost two decades since economic reform began in China the role of the foreign sector has burgeoned in ways that no one anticipated. The volume of foreign trade and the role of foreign capital are both far greater than could have been foreseen based on the modest Chinese economic reforms initiated in the late 1970s. By the mid-1990s China had become one of the world's largest trading nations, the recipient of more foreign direct investment than any other country in the world, the largest borrower from the World Bank, the largest recipient of official development assistance in the form of low-interest, long-term concessionary loans from industrialized countries, and, except for the Czech Republic, the only transition economy with ready access to international capital and equity markets.
The 'One Belt, One Road' (OBOR) initiatives form the centerpiece of the Chinese leadership's new foreign policy. The OBOR initiatives are a reflection of China's ascendance in the global arena, … The 'One Belt, One Road' (OBOR) initiatives form the centerpiece of the Chinese leadership's new foreign policy. The OBOR initiatives are a reflection of China's ascendance in the global arena, economically, politically, and strategically. Developing inter-connectivity of infrastructure development forms a central part of China's OBOR initiatives. The Asian Infrastructure Investment Bank (AIIB) aims to facilitate and accelerate infrastructure improvement in the region by providing capital loans and technical services. The AIIB will serve as the spearhead of China's OBOR initiatives. The AIIB and OBOR initiatives have put China at the center of geoeconomics and geopolitics in the region and beyond, a position from which it hopes to strengthen its economic ties with other Asian countries. The new Silk Road initiatives also provide a channel for Chinese companies and capital to invest in other countries by leveraging China's strengths in infrastructure development, financial power and manufacturing capacity. The OBOR initiatives and the AIIB could change the economic and political landscape of Asia, the most dynamic and economically vibrant region of the twenty-first century. However, China faces serious challenges, both internally and externally, in implementing these initiatives.
Journal Article Statistical Abstract of Latin America 1964 Get access Statistical Abstract of Latin America 1964. Ed. and compiled by J. Gómez-Quinones. Foreword by Johannes Wilbert. Los Angeles: Latin American … Journal Article Statistical Abstract of Latin America 1964 Get access Statistical Abstract of Latin America 1964. Ed. and compiled by J. Gómez-Quinones. Foreword by Johannes Wilbert. Los Angeles: Latin American Center, University of California. 1965. 164 pp. $10. International Affairs, Volume 42, Issue 4, October 1966, Page 777, https://doi.org/10.1093/ia/42.4.777d Published: 01 October 1966
Combining rich firm and administrative data, this paper examines the incidence and effectiveness of a prominent place-based policy in China: special economic zones. Establishing zones is found to have had … Combining rich firm and administrative data, this paper examines the incidence and effectiveness of a prominent place-based policy in China: special economic zones. Establishing zones is found to have had a positive effect on capital investment, employment, output, productivity, and wages, and to have increased the number of firms in the designated areas. Net entry plays a larger role in generating those effects than incumbents. The special zone program’s net benefits over three years are estimated to amount to about US$15.62 billion. Capital-intensive industries benefit more than labor-intensive ones from the zone programs. (JEL O16, O18, O25, P25, R23, R32, R58)
This comprehensive overview of the modern Chinese economy by a noted expert on China's economic development offers a quality and breadth of coverage not found in any other English-language text. … This comprehensive overview of the modern Chinese economy by a noted expert on China's economic development offers a quality and breadth of coverage not found in any other English-language text. In The Chinese Economy, Barry Naughton provides both an engaging, broadly focused introduction to China's economy since 1949 and original insights based on his own extensive research. The book will be an essential resource for students, teachers, scholars, business people, and policymakers. It is suitable for classroom use for undergraduate or graduate courses. After presenting background material on the pre-1949 economy and the industrialization, reform, and market transition that have taken place since, the book examines different aspects of the modern Chinese economy. It analyzes patterns of growth and development, including population growth and the one-child family policy; the rural economy, including agriculture and rural industrialization; industrial and technological development in urban areas; international trade and foreign investment; macroeconomic trends and cycles and the financial system; and the largely unaddressed problems of environmental quality and the sustainability of growth. The text is notable also for placing China's economy in interesting comparative contexts, discussing it in relation to other transitional or developing economies and to such advanced industrial countries as the United States and Japan. It provides both a broad historical and macro perspective as well as a focused examination of the actual workings of China's complex and dynamic economic development. Interest in the Chinese economy will only grow as China becomes an increasingly important player on the world's stage. This book will be the standard reference for understanding and teaching about the next economic superpower.
The United Nations definitive report on the state of the world economy, providing global and regional economic outlook for 2018 and 2019. Produced by the Department of Economic and Social … The United Nations definitive report on the state of the world economy, providing global and regional economic outlook for 2018 and 2019. Produced by the Department of Economic and Social Affairs, the five UN regional commissions, the United Nations Conference on Trade and Development, with contributions from the UN World Tourism Organization.
What has made Silicon Valley so productive of new technologies and new firms? How did its pioneering achievements begin—in computer networking, semiconductors, personal computing, and the Internet—and what forces have … What has made Silicon Valley so productive of new technologies and new firms? How did its pioneering achievements begin—in computer networking, semiconductors, personal computing, and the Internet—and what forces have propelled its unprecedented growth? This collection of nine chapters by contributors from varied disciplines—business, geography, history, regional planning, and sociology—examines the history, development, and entrepreneurial dynamics of Silicon Valley. Part I, “History,” provides context for the Valley’s success by exploring its early industrial roots. It traces the development of the electronics industry in Silicon Valley back to the founding of Federal Telegraph in 1908, and discusses the role of defense spending and the relationship with Stanford University in the region’s growth. Part II, “Institutions,” emphasizes the importance of supporting institutions and practices in helping Valley startups succeed. Four chapters explore the role of law firms in facilitating the formation of new companies, the evolution of the venture capital industry and its role in funding new firms, the importance of labor mobility, and the significance of close interfirm relationships in the success of Silicon Valley companies. Part III, “General Explanations,” presents three different perspectives on the environment that has made Silicon Valley so successful. The first chapter considers Silicon Valley as an ecosystem of interacting institutions, individuals, and a culture that encourages and nurtures entrepreneurship. The second chapter argues that Silicon Valley should not be seen as a region in which relationships are based on civic virtue, but rather one in which trust is based on performance, which makes it uniquely permeable to new ideas and talented individuals. The final chapter contends that institutions specializing in new firm formation are responsible for Silicon Valley's unique ability to foster technological advances.
Throughout most of the fifties and sixties many latin american governments adopted Import Substitution Industrialization (ISI) as their principal method to achieve economic growth and socio-economic modernization. By the opening … Throughout most of the fifties and sixties many latin american governments adopted Import Substitution Industrialization (ISI) as their principal method to achieve economic growth and socio-economic modernization. By the opening of the Seventies, however, there is considerable doubt about ISI's success in solving the region's development problems. In many countries the possibilities for further import-substitution had disappeared. Industrial growth had slowed, job opportunities in industry for Latin America's rapidly growing urban population were scarce, income distribution had in many countries either remained unchanged or had become more concentrated than in the early post-World War II years, and most industrial goods produced within the region were priced so high that export possibilities were severely limited.
This remarkable book outlines the historical framework and the main concepts of the literature on industrial districts. It illustrates a new approach to the study of industrial development, based on … This remarkable book outlines the historical framework and the main concepts of the literature on industrial districts. It illustrates a new approach to the study of industrial development, based on well-known industrial districts analysis.
List of Illustrations ix List of Tables xi Acknowledgments xiii Abbreviations xv INTRODUCTION 1 CHAPTER ONE: Cooperation and Escalation in Territorial Disputes 10 CHAPTER TWO: Cooperation in Frontier Disputes in … List of Illustrations ix List of Tables xi Acknowledgments xiii Abbreviations xv INTRODUCTION 1 CHAPTER ONE: Cooperation and Escalation in Territorial Disputes 10 CHAPTER TWO: Cooperation in Frontier Disputes in the 1960s 70 CHAPTER THREE: Cooperation in Frontier Disputes in the 1990s 126 CHAPTER FOUR: Escalation in Frontier Disputes 173 CHAPTER FIVE:Homeland Disputes 220 CHAPTER SIX: Offshore Island Disputes 267 CONCLUSION 300 APPENDIX: Overview of China's Territorial Disputes 321 Bibliography 335 Index 363
Resumen América Latina es uno de los mercados de destino más importantes para los productos básicos pequeños de China, especialmente a través del comercio electrónico transfronterizo, donde el mercado presenta … Resumen América Latina es uno de los mercados de destino más importantes para los productos básicos pequeños de China, especialmente a través del comercio electrónico transfronterizo, donde el mercado presenta un gran potencial. Sin embargo, en los últimos años, varios países de la región han impuesto restricciones a estos productos, lo que ha debilitado la confianza en las exportaciones chinas hacia América Latina, haciendo que algunas empresas chinas duden en seguir explorando este mercado. Analizando desde la perspectiva de las cadenas globales de valor (CGV), este estudio sostiene que los dilemas que enfrentan actualmente los productos básicos pequeños de China en América Latina están relacionados con el aumento de los costes y las presiones en la cadena de suministro sobre los productos situados en el extremo inferior de las CGV, la evolución de los impulsores de las CGV en América Latina y los factores relacionados con la política internacional. Las restricciones implementadas por los países latinoamericanos sirven tanto para proteger sus industrias domésticas como para demostrar su alineación con las estrategias estadounidenses. Además, se ha indicado al gobierno chino y a las empresas que los productos básicos pequeños de China aún tienen, a largo plazo, un potencial considerable en América Latina, mientras que una transformación en el posicionamiento dentro de las CGV es inminente para afrontar mejor los desafíos.
This study examines the role of public administration tools in special economic zones (SEZs) in China and Kazakhstan. The aim of this study is to conduct a comparative analysis of … This study examines the role of public administration tools in special economic zones (SEZs) in China and Kazakhstan. The aim of this study is to conduct a comparative analysis of public administration tools in SEZs of both countries, focusing on governance models, regulatory frameworks, investment incentives, and their impact on economic performance. The methodology includes a review of the historical development and current practices of SEZs in both nations, especially comparing the special economic zones of Shenzhen and Astana. This involves analyzing governance structures, tax incentives, and policies impacting FDI and technology transfer using both qualitative and quantitative data. The study concludes that the effectiveness of public administration tools in SEZs depends on governance structures and alignment with national economic goals, highlighting the need for flexible governance models to maximize the economic benefits of SEZs. Findings indicate that China’s decentralized governance was a key factor in its significant and rapid economic growth, providing an example for Kazakhstan to study further and potentially implement, as it grants more decision-making autonomy to local SEZ authorities. The key recommendations are that the adaptivity of public administration strategies plays a vital role in fostering the efficiency of SEZs and attracting high technological industries for Kazakhstan. AcknowledgmentThis research is funded by the Committee of Science of the Ministry of Science and Higher Education of the Republic of Kazakhstan (Project No. BR24993082).  
Nansha Economic and Technological Development Zone, as a key strategic platform within the Guangdong-Hong Kong-Macau Greater Bay Area (GBA), serves as a vital engine for regional economic growth and industrial … Nansha Economic and Technological Development Zone, as a key strategic platform within the Guangdong-Hong Kong-Macau Greater Bay Area (GBA), serves as a vital engine for regional economic growth and industrial upgrading. This paper delves into the integration pathway of port logisticsport-proximate industrytechnological innovation in Nansha and the pivotal role of policy instruments in spurring regional economic transformation and upgrading. It unveils the rationale underpinning Nanshas evolution from a conventional industrial base to a hub for new productive forces. The analysis reveals that Nansha must refine policy execution, bolster cross-regional collaboration, and enhance industrial chain coordination. The paper provides recommendations such as streamlining policy procedures and upgrading education and healthcare infrastructure, offering insights into institutional innovation and industrial integration within regional development zones. Furthermore, Nanshas strategic significance lies not only in its role as a driver for regional economic growth, but also in its potential to serve as a model for innovation and cooperation in the global economic landscape. Additionally, it underscores the significance of Nanshas strategic advantages in the context of Chinas dual circulation development strategy, providing a reference for other regional development zones striving for high-quality development through policy and industrial integration.
This study explores the complexities of managing Digital Economic Corridors (DECs) within the framework of international cooperation and regional integration. It highlights the necessity of multi-level governance structures that coordinate … This study explores the complexities of managing Digital Economic Corridors (DECs) within the framework of international cooperation and regional integration. It highlights the necessity of multi-level governance structures that coordinate national, regional, and international stakeholders to ensure effective corridor management. The research identifies critical challenges including policy misalignment, regulatory fragmentation, digital sovereignty conflicts, and significant capacity gaps in developing countries. Public–Private Partnerships (PPPs) are underscored as key drivers of infrastructure development, but require robust oversight to ensure inclusivity and accountability. The study emphasizes that digital sovereignty issues complicate multilateral cooperation by creating competing regulatory regimes and geopolitical tensions. Moreover, capacity limitations in developing nations impede equitable participation in DECs, necessitating sustained international support in digital literacy, policy development, and institutional strengthening. Ultimately, the findings suggest that balanced governance, harmonized regulations, and inclusive capacity-building are essential to unlocking the full potential of DECs as instruments for regional economic growth and digital integration.
Nearly four decades of economic renovation have marked Vietnam as a resilient and forward-moving nation with an enduring aspiration for development. Within this transformative journey, the private sector has increasingly … Nearly four decades of economic renovation have marked Vietnam as a resilient and forward-moving nation with an enduring aspiration for development. Within this transformative journey, the private sector has increasingly asserted its vital role in the country’s socio-economic growth. This paper focuses on analyzing the evolution of Vietnam’s private sector in recent years. By synthesizing theoretical foundations and employing qualitative analysis methods, the study identifies key opportunities and challenges faced by private enterprises amid the twin transition-comprising digital transformation and green transformation. Based on these insights, the paper proposes a number of policy recommendations to foster sustainable development of the private sector and enhance its competitiveness in the new context.
This study empirically investigates provincial-level institutional quality's impact on foreign direct investment (FDI) inflows within Vietnam's Red River Delta region (2009–2023), addressing a literature gap concerning how subnational governance affects … This study empirically investigates provincial-level institutional quality's impact on foreign direct investment (FDI) inflows within Vietnam's Red River Delta region (2009–2023), addressing a literature gap concerning how subnational governance affects FDI distribution in a rapidly transitioning economy. Inspired by the Worldwide Governance Indicators (WGI) framework, an Ordinary Least Squares (OLS) panel regression model analyzed data from 11 provinces over 15 years. Key Provincial Competitiveness Index (PCI) sub-indices – specifically time costs, informal charges, leadership dynamism, and legal institutions – served as proxies for institutional quality, with controls for market size, labor quality, and infrastructure. Results reveal that market size (population) and labor quality (share of trained labor) are strong positive FDI determinants; proactive and dynamic provincial leadership also significantly attracts investment. Conversely, higher informal charges and burdensome administrative time costs act as significant deterrents. Surprisingly, infrastructure capacity exhibited a negative correlation with FDI in this regional context, while the rule of law did not show a statistically significant effect at the provincial level. The study concludes that subnational institutional quality is a critical determinant of FDI patterns in Vietnam, playing a decisive role beyond uniform national policies. Investors appear to prioritize informal institutional aspects like administrative efficiency and local governance responsiveness, particularly where formal legal structures are relatively consistent. These findings call for policymakers to strengthen provincial-level governance by targeting specific local bottlenecks such as reducing administrative delays and informal charges, and fostering dynamic leadership as essential complements to broader national initiatives to attract and sustain high-quality FDI.
Seif Nawaf Abu Rayyash , Nor Asmat Ismail | International Journal of Academic Research in Economics and Management Sciences
Saudi Arabia's policy of creating special economic zones and industrial centers has been studied. It shows both new trends in Riyadh's policy (the creation of specialized economic zones starting in … Saudi Arabia's policy of creating special economic zones and industrial centers has been studied. It shows both new trends in Riyadh's policy (the creation of specialized economic zones starting in 2023) and the continuing traditional approach for the Kingdom aimed at creating industrial centers with housing and logistics infrastructure. The characteristics of each of the five new special economic zones, including their industry specialization, are given. It was noted that the dynamics of foreign direct investment is lagging behind the planned schedule, and therefore public investment plays an active role. The process of creating special economic zones is considered in the general contest of the Saudi reform program "Vision 2030". It is shown that so called industrial cities played key role in the spatial development and creation of Saudi Arabia's manufacturing landscape from scratch, and they are of greater importance for the Kingdom, than special economic zones. Saudi approach to planning territorial location of industrial cities and their specialization is shown.
| Key statistics and trends in international trade ...

Mauritius

2025-06-10
Ursula Schultze-Bluhm | Art In Translation
Since state council published the overall strategies of Fujian Free Trade Zone [FTZ] 2015, Xiamen FTZ has developed to the biggest trade zone in Fujian province and become the essential … Since state council published the overall strategies of Fujian Free Trade Zone [FTZ] 2015, Xiamen FTZ has developed to the biggest trade zone in Fujian province and become the essential parts of the foreign trade. Given its significant role in the economic development of both Fujian and China, this paper focuses on the financial innovation mechanisms introduced within the zone, using a real enterprise case study. Additionally, the paper further exlores the surrounding regions influenced by the FTZ, including provincial city, administrative region and silk roads. The paper address case analysis and literature analysis these two research methods. It explores Xiamen FTZs financial innovation models and their impacts on both enterprises and regions separately, particularly in loans, insurance, and financial services, assessing their varying effects on enterprises. Furthermore, it highlights the positive influence of financial innovation in the Xiamen FTZ on surrounding areas and Belt and Road countries.

Mauritius

2025-06-01
| IMF country report
2025 Selected Issues 2025 Selected Issues

Mauritius

2025-06-01
| IMF country report
Mauritius recovered solidly from the pandemic on the back of buoyant tourism, social housing construction, and financial services but is facing fiscal and structural challenges—high public debt, significant public investment … Mauritius recovered solidly from the pandemic on the back of buoyant tourism, social housing construction, and financial services but is facing fiscal and structural challenges—high public debt, significant public investment needs for climate, low productivity, and an ageing society.
Xu Qian | Oxford University Press eBooks
Abstract The Guangdong–Hong Kong–Macao Greater Bay Area (GBA) epitomizes a novel paradigm in regional economic integration within China, encompassing key cities in Guangdong Province along with the Hong Kong and … Abstract The Guangdong–Hong Kong–Macao Greater Bay Area (GBA) epitomizes a novel paradigm in regional economic integration within China, encompassing key cities in Guangdong Province along with the Hong Kong and Macao Special Administrative Regions. With a gross domestic product comparable to that of Canada, the GBA has emerged as a mega-region, underpinned by significant investments in transport infrastructure and technological innovation. This chapter critically examines the GBA’s trajectory, focusing on the prospects and challenges of its continued development. It posits that the evolution of the GBA from a low-cost manufacturing base to a hub of high-value production necessitates enhanced intergovernmental cooperation, exploring the implications of this transition within the broader context of economic integration and development.
<p>El Mar de China Meridional es de suma importancia geopolítica, pero está marcado por disputas territoriales y una intensa competencia por recursos pesqueros. La pesca ilegal y la militarización de … <p>El Mar de China Meridional es de suma importancia geopolítica, pero está marcado por disputas territoriales y una intensa competencia por recursos pesqueros. La pesca ilegal y la militarización de las flotas, especialmente por China, agravan la sobreexplotación y generan inestabilidad. La UE, como potencia normativa, no puede enfrentar directamente las actividades navales chinas, pero tiene el potencial de desempeñar un papel crucial al vincular la seguridad marítima con la gobernanza sostenible de los océanos. Esto implica unificar la fragmentada gobernanza regional, apoyar a los Estados ribereños en la adopción de normativas internacionales y fortalecer su capacidad. Aunque la UE carece de una presencia naval significativa, su compromiso con el multilateralismo, la transparencia y el respeto por el derecho internacional del mar ofrece soluciones prácticas para los desafíos regionales. Ello refuerza su influencia y credibilidad, contribuyendo a su aspiración de autonomía geoestratégica más allá de su rol como actor económico.</p>
Sherif Heikal | Advances in Social Sciences Research Journal
The research investigates the institutional autonomy and legal functionality of the Dubai International Financial Centre Courts (DIFCC) and the Abu Dhabi Global Market Courts (ADGMC) as hybrid judicial systems operating … The research investigates the institutional autonomy and legal functionality of the Dubai International Financial Centre Courts (DIFCC) and the Abu Dhabi Global Market Courts (ADGMC) as hybrid judicial systems operating within the United Arab Emirates (UAE). The courts achieve their unique legal transplantation and selective modernization status through their adoption of English common law and their appointment of foreign judges and procedural independence from the UAE's federal and Sharia-based judiciary. This research evaluates the rule-of-law performance and enforcement challenges and investor perceptions of these institutions through an analysis of statutory frameworks and landmark case law and comparative studies with global financial jurisdictions including the Singapore International Commercial Court and the Qatar Financial Centre Courts. The article demonstrates that DIFCC and ADGMC achieve legal certainty for international investors through their structural separation from the federal judiciary yet this creates ongoing legal fragmentation and jurisdictional asymmetry. The research demonstrates that financial free zone courts in the UAE function as a strategic market-driven legal autonomy model which works well for commercial governance but remains limited in national integration. The research presents policy recommendations about sustaining hybrid legal systems while maintaining systemic coherence.
This contribution aims to analyse the possible influences of the Christian mystical tradition on the late medieval Icelandic romance Nitida saga . The text employs mandalic architecture to construct its … This contribution aims to analyse the possible influences of the Christian mystical tradition on the late medieval Icelandic romance Nitida saga . The text employs mandalic architecture to construct its narrative space, particularly in correspondence with panoptic visions of the world. The significant aspects that unite this configuration with those elaborated by Christian mystics such as Hildegard of Bingen (1098-1179) will be highlighted, together with the moral calibre of the characters to whom the vision is entrusted. Through this analysis, the article will also investigate the possible communicative functions of the text itself.
La competencia entre los puertos de Manzanillo, Colima, y Lázaro Cárdenas, Michoacán, ha cobrado relevancia estratégica en el contexto del comercio internacional, debido a factores como la infraestructura, la conectividad, … La competencia entre los puertos de Manzanillo, Colima, y Lázaro Cárdenas, Michoacán, ha cobrado relevancia estratégica en el contexto del comercio internacional, debido a factores como la infraestructura, la conectividad, la ubicación geográfica y el potencial de expansión. Este estudio tiene como objetivo analizar comparativamente las operaciones, desafíos y oportunidades de ambos puertos en 2024, a fin de identificar las condiciones que determinan su competitividad y posicionamiento como hubs logísticos en la región del Pacífico mexicano. Se adopta un enfoque cualitativo con diseño descriptivo-comparativo, utilizando análisis documental y entrevistas semiestructuradas con expertos logísticos, funcionarios portuarios y operadores clave. Los resultados muestran que, aunque Manzanillo lidera en volumen de carga contenerizada, enfrenta serios retos en conectividad terrestre y saturación operativa. Por otro lado, Lázaro Cárdenas presenta una infraestructura moderna, mayor profundidad marítima y acceso ferroviario directo, factores que lo proyectan como una alternativa sólida para la descongestión logística. El estudio concluye que ambos puertos poseen ventajas competitivas distintas, pero requieren políticas públicas articuladas, inversiones sostenidas y colaboración estratégica para mejorar su eficiencia operativa y fortalecer su papel en las cadenas globales de suministro.
El presente artículo analiza el desempeño de las agencias navieras en el Puerto de Manzanillo durante 2024, con el propósito de identificar su relevancia en las operaciones del comercio internacional, … El presente artículo analiza el desempeño de las agencias navieras en el Puerto de Manzanillo durante 2024, con el propósito de identificar su relevancia en las operaciones del comercio internacional, así como los desafíos y oportunidades que enfrentan. Se adoptó un enfoque mixto de investigación, con predominancia descriptiva, mediante la aplicación de encuestas estructuradas con preguntas abiertas y escala Likert a una muestra no probabilística de personas con experiencia en el sector naviero. El estudio permitió conocer las funciones clave de las agencias, como la coordinación operativa, la gestión documental, la representación legal y los servicios logísticos integrales, además de su papel en la eficiencia del puerto. Los resultados destacan que la mayoría de los encuestados consideran esencial la certificación, la seguridad y el uso de tecnologías como factores decisivos al seleccionar una agencia. Asimismo, se identificaron oportunidades vinculadas al crecimiento regional, la digitalización de procesos y la especialización de servicios, frente a desafíos como la infraestructura limitada, la competencia y la gestión aduanera. En conjunto, se concluye que las agencias navieras representan un eslabón estratégico en la cadena logística del puerto, con alto impacto en la competitividad comercial de la región.
Zerrouk Nawel | Science Education and Innovations in the Context of Modern Problems
The strategic delineation of ecological corridors and establishment of robust ecological security frameworks constitute fundamental prerequisites for advancing ecologically balanced growth and premium development within the Pinglu Canal Economic Belt. … The strategic delineation of ecological corridors and establishment of robust ecological security frameworks constitute fundamental prerequisites for advancing ecologically balanced growth and premium development within the Pinglu Canal Economic Belt. In this study, a comprehensive framework integrating ecological sources, resistance surfaces, and ecological corridors was developed using the InVEST model combined with circuit theory. The framework was then applied to assess the spatial and temporal dynamics of four major ecosystem services over the period from 2000 to 2020. The main findings are as follows: (1) From 2000 to 2020, the values of the four ecosystem services showed an overall declining trend. Spatially, areas with high ecosystem service importance were mainly concentrated in woodland and grassland areas in the southwest and northwest of the region. (2) The resistance values of the study area’s resistance surface ranged from 1 to 4.83. High-resistance areas were primarily located in the central region, corresponding to areas of intense human activity, while low-resistance areas were distributed around the periphery and largely overlapped with ecological source areas, presenting a spatial pattern of “high in the center, low at the edges”. (3) In total, 119 ecological barriers, 28 corridors, 8 critical pinch points, and 16 habitat source areas were identified. Building on these results, an enhanced ecological security layout—defined by the ‘three belts and three zones’ strategy—was formulated to guide restoration efforts and inform ecological management across the Pinglu Canal Economic Region.