What are the Roles and Impact of Special Economic Zone in International Business?
What is Special Economic Zone? SEZ is generally characterized as a geographical area within a region of a country where certain economic activities are encouraged by a conventional of policy instruments that are not generally applicable to the rest of the countries. Special economic zones are intended to facilitate fast economic growth. it is done by giving special leverages in taxes so to attract foreign investments and technologies. China is the best example of Special Economic Zone. SEZ essentially worked…