Exclusive Economic Zone

the Export Processing Zone (EPZ) model in promoting exports, with Asia’s first EPZ set up in Kandla in 1965. With a view to overcome the shortcomings experienced on account of the multiplicity of controls and clearances; absence of world-class infrastructure, and an unstable fiscal regime and with a view to attract larger foreign investments in India, the Special Economic Zones (SEZs) Policy was announced in April 2000 SEZ in India 3. Definition of SEZ Special Economic Zone means an area that has

and 16.4 percent in import in 2010 (lse.ac.uk). In fact, implement of the policy of reform and opening, export-led growth is one of the main reasons for Chinese economic prosperity. One of typical examples is Shenzhen, located in southeastern China. Trading export leads Shenzhen’s GDP to rising, which has become the main momentum of economic growth. This success must contribute to its strategic location and geographic location. Shenzhen has its own favourable geographic conditions. It is situated

The article of Yasheng Huang，named how did China take off，discussing on economic growth mechanism, mainly come to China’s economic reform had the process of financial liberalization. Furthermore, he pointed out that political reform, financial liberalization and the development of township enterprises are the key focus on China’s development. Huang argues that the results of China 's economic development are mainly due to internal reforms which are the reforms of China’s rural industry. On the contrary

Engaging in international trade is an effective stimulation of economic growth. David Ricardo’s principle of comparative advantage argues while nations involved in international trade, a country will become specialised in producing a product that has the lowest relative costs. (Economist, 2015) By focusing on the production onto a limited scope of product or industries, firms or the nation will experience rise in productivity due to higher efficiency in allocation and utilisation of resources. As

Today’s world is shrinking. Not literally of course, but the advances in technology make it easy to span thousands of miles of land and sea, so people can immediately communicate with each other. The internet has connected the world instantly, and planes make traveling from one side of the world to the other a piece of cake compared to the long, dangerous sea voyages of the past. People move and migrate constantly, all the while exchanging ideas and goods. Trade has always played an important

compensation taking into consideration all the economic and social circumstances. And to ensure proper process and guideline for the same. When a land is acquired apart from land owners some other families which are directly or indirectly dependent on that land also suffer. Third major objective which was not in old land acquisition act is rehabilitation and resettlement of the affected land owners and families. The first objective somehow incorporates economic approach of jurisprudence. And other two

over year, taking into account the economic collapse of 2008. The engine behind that growth was the city of Shenzhen. A city comprised of fishing villages and a population of around 30,000 in the 1970’s is now a city with over 10 million residents and has experienced growth like the world has never seen before. In less than half a century, the city is a far cry from what it used to be, and is often referred to as the “instant city.” Shenzhen has seen rapid economic development and is among the top

DISCUSSION ANALYSIS OF SPECIAL ECONOMIC ZONES IN INDIA * INTRODUCTION: SPECIAL ECONOMIC ZONES is a geographical region that has economic and other laws that are more free-market oriented than a country's typical or national laws. "Nationwide" laws may be suspended inside a special economic zone. The category 'SEZ' covers the following: *  free trade zones (FTZ), * export processing Zones (EPZ) * free Zones (FZ) *  industrial parks or

sits in the heartland of mainland Southeast Asia. The climate has a great diversity with mountains in the north, rivers and tributaries drain into the Gulf of Thailand. The country is divided into four main zones and the population is relatively homogenous. The background of the special economic zone is not another idea for Asia. There were a couple of past endeavors drove by developing Asian economies a couple of decades ago including Tiger East Asian Miracles and India in receiving and executing this

A few numbers of Pakistanis consider CPEC (China Pakistan Economic Corridor) will prove as East India Company for Pakistan. Moreover, the others have a few reservations as the poor strategies and interest rate of the lease for CPEC are not in the favour of national interests. Here, we will scrutinize multi-facet aspects of China Pakistan Economic Corridor. Firstly, I will suggest that you visit the website of CPEC. After that, you will realize that CPEC is the part of OBOR (One belt one road). 64