Special Economic Zone (SEZ) & Institution Building for Entre Vellala, Paramasivan S.
By: Vellala, Paramasivan S
Material type: ArticlePublisher: 2011Subject(s): Sezs | Special Economic Zones | Institutional Building | Barriers And Gateways To Entrepreneurshi | Entrepreneurship | Ninth Biennial Conference On Entrepreneu | Biennial Conference Papers In: Ninth Biennial Conference on EntrepreneurshipSummary: Encouraged by the phenomenal success of Special Economic Zones (SEZs) in the People's Republic of China which first used this model to attract Foreign Direct Investment (FDI), Technological Transfers and Managerial Expertise, developing countries such as India, Indonesia, Iran, Malaysia, North Korea, South Korea, Philippines, Russia etc uses SEZ driven economic growth to accelerate the rate of GDP in their respective countries. SEZs are specially designated geographical areas within the country that possess special economic regulations which normally incorporate calibrated fiscal and monetary policy mix of liberalized trade regime like decontrol, delicense and deregulations that attract huge investment from domestic as well as FDI to take advantage of the favourable trade policies. These policies are normally announced by the government in the EXIM (Export Import) and Foreign Trade Policies periodically to boost the investment of the nation. These SEZs contain special measures that are conducive to FDI and the units operating in the SEZ get tax incentive and the opportunity to pay lower tariffs. The ultimate goal of forming SEZ is to incorporate vibrant institutional building to...Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles | Ahmedabad (HO) | (Browse shelf) | Vol. , Issue. | Available | 019320 |
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Encouraged by the phenomenal success of Special Economic Zones (SEZs) in the People's Republic of China which first used this model to attract Foreign Direct Investment (FDI), Technological Transfers and Managerial Expertise, developing countries such as India, Indonesia, Iran, Malaysia, North Korea, South Korea, Philippines, Russia etc uses SEZ driven economic growth to accelerate the rate of GDP in their respective countries. SEZs are specially designated geographical areas within the country that possess special economic regulations which normally incorporate calibrated fiscal and monetary policy mix of liberalized trade regime like decontrol, delicense and deregulations that attract huge investment from domestic as well as FDI to take advantage of the favourable trade policies. These policies are normally announced by the government in the EXIM (Export Import) and Foreign Trade Policies periodically to boost the investment of the nation. These SEZs contain special measures that are conducive to FDI and the units operating in the SEZ get tax incentive and the opportunity to pay lower tariffs. The ultimate goal of forming SEZ is to incorporate vibrant institutional building to...
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