The Political Economy of Special Economic Zones: Lessons for the United States
Chapman Law Review, 2018, 21(2): 407-41.
Introduction: Imagine a policy change that could spur economic development without costing a dollar. A change that could increase employment in selected areas of a country through the growth of the industries of policy makers’ choices. The change in question is the special economic zone (“SEZ”). This article explores the benefits and downsides of SEZs, and analyzes their economic and political impact on the United States. It argues that, though widely implemented in the country, SEZs have likely done more harm than good for the United States.