
The future of special economic zones – a best practice model
Special economic zones have been hit hard by Covid-19 and changes in attitudes to incentives. So how can they prosper in the future? Douglas van den Berghe offers a model to answer this question. The UN Conference on Trade and Development’s 2019 World Investment Report estimated that between 2014 and 2018, the number of special economic zones (SEZs) worldwide increased by 26% to around 5,400. More than 140 countries, which include almost 75% of all developing economies and al