Special Economic Zones in India: White Elephants or Race Horses
21 Pages Posted: 14 Mar 2007
Abstract
On the basis of economic theory and history we can conclude that absorption of agricultural labour is necessary for sustained economic development of a developing country. Special Economic Zones (SEZs) constitute a medium for such sustenance. However, the SEZ policy in India has suffered from permission being granted for far too many sub-optimally sized SEZs or for others serving as appendages to mega cities and therefore inheriting all the diseconomies associated with the large size of the latter.
Keywords: Special Economic Zones, Absorption, Employment
JEL Classification: O10, O40
Suggested Citation: Suggested Citation
Mitra, Siddhartha, Special Economic Zones in India: White Elephants or Race Horses. Available at SSRN: https://ssrn.com/abstract=969274 or http://dx.doi.org/10.2139/ssrn.969274
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