You have been hired to make a recommendation on the establishment of an export processing zone in a developing nation. Your task is to write “Pitfalls to Avoid and Benefits to Capture in an EPZ”.
You have been hired to make a recommendation on the establishment of an export processing zone in a developing nation. Your task is to write “Pitfalls to Avoid and Benefits to Capture in an EPZ”.
Recently many developing nations are trying to adopt export intensive regime than stay in a import centric regime. They use this strategy to introduce them self in the global supply chain. This strategy will help the countries to make transformation from their existing conditions. For the same, the developing countries encourages the investments of multinational companies known as EPZ (Export Processing Zones). Through these activities the developing countries can improve their foreign direct investment, industrial base, job opportunities, income etc. This overall development will make a surge in the countries GDP and improve its growth. Also, the existence of EPZ provide a backward and forward linkage in the economic growth.
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