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Industrial zones: their role in economic development, challenges and problems encountered (with reference to the experiences of some countries) | ||
| Iraqi Journal For Economic Sciences | ||
| Article 1, Volume 0, Issue 54, 2017, Pages 1-19 | ||
| Author | ||
| dr.Medhat Kazem Radi Al Quraishi | ||
| Abstract | ||
| The developing countries, during the 1980s , resorted to establishing free zones , as well as free economic and industrial zones, as a means to promote industry, and enhancing economic development . For this purpose the developing countries used various kinds of incentives, namely tax incentives , basic services as well as infrastructure. This paper aims to study the industrial zones and analyses their impact in enhancing economic development , by attracting foreign investment , creating a competitive environment for investment , encouraging transfer of technology, creating work opportunities and expanding exports .The paper, also, looks into the problems and challenges , facing some countries in this respect .Then, certain questions concerning industrial zones are raised by the researcher , which we try to answer, in the light of the analyses and the experiences of some countries . Finally ,some conclusions are drawn , as well as some recommendations are made to enhance the success of those zones, and overcome their problems . | ||
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