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Social and Economic Impact of SEZs in India$
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Aradhna Aggarwal

Print publication date: 2012

Print ISBN-13: 9780198077275

Published to Oxford Scholarship Online: September 2012

DOI: 10.1093/acprof:oso/9780198077275.001.0001

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Strategizing of SEZs

Strategizing of SEZs

The Experience of China vis-à-vis Taiwan and South Korea

(p.113) 6 Strategizing of SEZs
Social and Economic Impact of SEZs in India

Aradhna Aggarwal

Oxford University Press

This chapter analyses the special economic zone (SEZ) strategies of three Asian countries, namely, Taiwan, Korea and China through the perspectives of theory. While doing so, it reviews the historical roots, evolution, and performance of policy in all the three countries. These countries have a relatively long history of the programme. However, they adopted different policy approaches and traversed along divergent evolutionary trajectories to meet with varied successes with their SEZ policy. The analysis shows that SEZs made significant contribution in upgrading and diversifying the economies of all the three countries selected for the analysis. Of the three countries, however, China has been most successful in its SEZ experiment. It is attributed to China's strategy of using zones to promote cluster-based industrialization in the country.

Keywords:   South Korea, Taiwan, China, SEZs, industrial clusters, global networks, subcontracting, tax incentives

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