In name only: Are free trade zones assisting capitalism or criminals and crony capitalists?
AbstractFree trade zones possess many attributes of capitalist economies and can attract foreign companies, foreign investment in domestic companies, industrial production, and wealth generation. However, such zones are also troubling; they can produce several negative results including a strong mafia presence, massive counterfeit operations, tax evasion, money laundering, and even terror financing.
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Bibliographic InfoPaper provided by American Enterprise Institute in its series Working Papers with number 39077.
Date of creation: Oct 2013
Date of revision:
Hezbollah; Free Trade zone; Counterfeit pharmaceuticals; China;
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-10-18 (All new papers)
- NEP-IUE-2013-10-18 (Informal & Underground Economics)
- NEP-PKE-2013-10-18 (Post Keynesian Economics)
- NEP-TRA-2013-10-18 (Transition Economics)
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