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- Special Economic Zones
- Design and Implementation
- Success Factors for Implementation
Success Factors for Implementation
At a Glance
- SEZs need to be able to weather changes in economic and financial conditions, requiring resourcefulness in finding new revenue streams and adjust marketing strategies.
- Even when an SEZ’s design is perfect on paper, how well it is managed and operated will have a large effect on the zone’s ability to meet key policy objectives.
- Staff quality and retention among participating firms are key to the success of any zone.
Case Studies
Key Resources
- Special Economic Zones: Progress, Emerging Challenges, and Future Directions (Thomas Farole, Gokhan Akinci)
- Special Economic Zones: An Operational Review of Their Impacts (World Bank Group)
- Special Economic Zones: A Guidance Framework for Policymaking (Claude Baissac, Thomas Farole, Jean-Paul Gauthier)
Topic Briefing
SEZs are difficult to get right, even when the concept and design are sensible. Whether an SEZ meets its goals can depend on how it is managed, include the administrative and oversight system.