Special Economic Zones: To Be or not to Be

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In this global village, most developing countries are shifting to export promotion policy to compete with the developed world. As part of their policy instruments, many of these countries are promoting export-processing zones (EPZs), which are seen as a key instrument for promoting exports, earning foreign exchange, stimulating economic growth through additional investment, technology transfers, and employment generation. Later, these EPZs are transformed into SEZs to deal with infrastructure development, monetary, fiscal, trade and labour policies and account for an increasing share of international trade flows and employment. The Special Economic Zones (SEZs) scheme introduced by the government of India in April 2000 has its genesis in the Export Processing Zone (EPZ) scheme, which was introduced way back in 1965, when the first zone was set up in Kandla (Gujarat). However, the new SEZ policy and the costs and the benefits of SEZs have generated an intense debate, touching on almost every possible aspect of SEZs. In view of the ongoing debate, this book is timely and enables the readers to have a better understanding of the various dimensions of SEZs. This book has three sections; Section I covers the overview of SEZs and salient features of the special economic zones act, 2005, Section II covers the basic issues and Section III covers the positive impacts of SEZs. This book is expected to be useful to policy makers at national and international levels, bureaucrats, government officials dealing with export promotion, corporates, independent consultants, environmentalists, NGOs having concern about labour laws and environment of the country. Apart from those, it will be a valuable reference book for researchers, academicians, students, investors, small and medium farm holders, etc.

ABOUT THE AUTHOR Naveen Kumar Agarwal

Naveen Kumar holds a M.Phil. degree from Department of Business Economics, University of Delhi, Delhi. He is presently working as a Faculty Associate with Icfai Research Centre, Hyderabad. He has around seven years of research experience in the field of social sciences. He has been awarded fellowship for Doctoral Programme in 2003 from National Centre of Competence in Research (NCCR) North-South, Switzerland (a joint project of Swiss National Science Foundation and Swiss Agency for Corporation and Development). He has presented his research not only at different places in India but also in many countries like Bangladesh, Switzerland, Nepal, Kyrgyzstan, etc. His articles have been published in various national and international refereed journals. His areas of interests include urban poverty, slums, migration, education, child labour, water & sanitation, environment, banking and labor & development

ABOUT THE AUTHOR V.V. Ramani

V.V. Ramani holds an M.A., Phil and a PGDM from Madras University. She is currently working as a Faculty Member and Consulting Editor with ICFAI University. She has over 18 years of industry and academic experience. She is the Joint Secretary of National Human Resources Development Network, Hyderabad Chapter and Vice President of CEASE Child Labor (an ILO Project). Her articles have been published in various magazines and management journals. She presented several papers in various conferences and seminars. Her areas of interest include Economics disciplines like Micro-Economics, Macro-Economics, International Trade, Public Finance and HR disciplines like Leadership, Organisational Development, Human Resource Management and Networking.