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Special economic zones: An effective instrument for growth in Africa?

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  • Mösle, Saskia

Abstract

* Special Economic Zones (SEZs) are an increasingly popular policy instrument aimed at attracting investment and inducing structural change. * Today, there are over 5,000 SEZs worldwide but their economic performance varies widely. * SEZs are particularly widespread in Asia, where they are regarded as a key engine of the export-led growth in recent decades. * In Sub-Saharan Africa, SEZs have been less successful so far, especially due to inadequate planning and implementation of zone programs. * Carefully designed and managed, SEZs have the potential to alleviate shortcomings in the national business climate and to contribute to private sector development.

Suggested Citation

  • Mösle, Saskia, 2019. "Special economic zones: An effective instrument for growth in Africa?," PEGNet Policy Briefs 16/2019, PEGNet - Poverty Reduction, Equity and Growth Network, Kiel Institute for the World Economy (IfW Kiel).
    • Handle: RePEc:zbw:pegnpb:162019
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    References listed on IDEAS

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    1. Asche, Helmut & Grimm, Michael, 2017. "Industrialisation in Africa: Challenges and Opportunities," PEGNet Policy Briefs 8/2017, PEGNet - Poverty Reduction, Equity and Growth Network, Kiel Institute for the World Economy (IfW Kiel).
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    4. Page, John & Tarp, Finn (ed.), 2017. "The Practice of Industrial Policy: Government-Business Coordination in Africa and East Asia," OUP Catalogue, Oxford University Press, number 9780198796954.
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