Special Economic Zones are booming globally
Let’s face it SEZ have a proven track record for economic growth and development through industrial upgrading, economic diversification and greater global value chain participation.
Tag: Policy
Is entrepreneurship the solution to global youth unemployment? Part II My interview with Carsten Lexa President of the G20 Young Entrepreneurs´ Alliance, Germany
The magic of augmented reality (AR), virtual reality (VR) and other digital platforms is changing the way we do business, the way we work and the very nature of work itself. In this digital age these technologies present exciting opportunities to tackle global youth unemployment. A brief discussion of these technologies is how Part I of my interview with a friend
Jamaica’s special economic zone framework designed to support private sector SEZ development
Greater involvement of the private sector in the development of zones reduces the burden placed on public resources and increases the efficiency of zones by allowing them to operate under market mechanisms. International experience reveals that a significant number of governments developed and managed zones have been less effective than their private counterparts. In order to facilitate private development of zones, an appropriate legal, regulatory and institutional framework should be in place. The Government’s main role would be to regulate economic zone activities, promote the zone regime, and aggressively identify, assemble, and make available land suitable for development through PPPs or JVs or private development.