The modern concept of Special Economic Zones in Ukraine
DOI:
https://doi.org/10.2478/bog-2021-0015Keywords
special economic zones, regime, innovative investments, new industries, smart specialization of regions, technological diversification.Abstract
Abstract. The article deals with special economic zones as a tool of a state policy of the countries, which are seeking to attract foreign investment and ensure economic growth. The aim of the article is to substantiate the new concept of special economic zones of Ukraine as stimulating regulatory regimes aimed at attracting innovative investments, developing new industries based on the smart specialization of regions and trends in the world economy. The regime is presented as the system of incentives and benefits, mandatory conditions and restrictions, and seeks to increase investment attractiveness, technological diversification of the economy of the regions and the country as a whole. Each component of the regime has been classified, taking into account best practices of other countries and the strategic goals of Ukraine regarding the need to ensure sustainable and innovative development, and to enter the world markets as a manufacturer of high-tech innovative products.
References
Aggarwal, A. (2010). Economic Impacts of SEZs: Theoretical Approaches and Analysis of Newly Notified SEZs in India. Munich Personal RePec Archive Paper No. 20902. Accessed: t https://mpra.ub.uni-muenchen.de/20902, DoA: 14.02.2020.
Akinci, G., & Crittle, J. (2008). Special economic zone: performance, lessons learned, and implication for zone development. Foreign Investment Advisory Service (FIAS) occasional paper. Washington, DC: World Bank. Accessed: http://documents.worldbank.org/curated/en/343901468330977533/pdf/458690WP0Box331s0April200801PUBLIC1.pdf, DoA: 14.02.2020.
Brown, J.A. (2018). Territorial (In) Coherence: Labour and Special Economic Zones in Laos`s Border Manufacturing. Antipode. 51 (2). pp. 438-457. Accessed: https://onlinelibrary.wiley.com/doi/abs/10.1111/anti.12462, DoA: 14.02.2020. DOI: 10.1111/anti.12462.
Farole, T. (2011). Special economic zones in Africa: comparing performance and learning from global experience. Directions in development; trade. Washington, DC: The World Bank. Accessed: http://documents.worldbank.org/curated/en/996871468008466349/pdf/600590PUB0ID181onomic09780821386385.pdf, DoA: 14.02.2020. DOI: 10.1596/978-0-8213-8638-5.
Glinkowska, B., Chebotarov, V. (2018). A Comparative Cross‑Cultural Analysis of the Profile of a Modern Ukrainian Manager: the Imperatives of the Future in the Context of Internationalization. Comparative Economic Research. Volume 21 (3). pp. 63-74. DOI: https://doi.org/10.2478/cer-2018-0019.
Harazishvili, Ju. M. (2017). Svitlo i tin` ekonomiky` Ukrayiny`: rezervy` zrostannya ta modernizaciyi [Light and shadow of the economy of Ukraine: reserves for growth and modernization]. Ekonomika Ukrayiny`. 4, pp. 22-45 [in Ukrainian]. Accessed: http://irbis-nbuv.gov.ua/cgi-bin/irbis_nbuv/cgiirbis_64.exe?C21COM=2&I21DBN=UJRN&P21DBN=UJRN&IMAGE_FILE_DOWNLOAD=1&Image_file_name=PDF/ekukrr_2017_4_3.pdf, DoA: 14.02.2020.
Hazakis Konstantinos J. (2014). The rationale of special economic zones (SEZs): An Institutional approach. Regional Science Policy & Practice 6 (1). pp. 85-101. DOI: 10.1111/rsp3.12030.
Kindzerskyi, Yu. V. (2013). Ukrainian industry: strategy and policy of structural and technological modernization. Kyiv: NAS of Ukraine, Institute of Economics and Forecasting.
Lipták, F., Klasováb, S. & Kováb, V. (2015). Special Economic Zone Constitution According to Cluster Analysis. Procedia Economics and Finance. 27. 186–193. Accessed: https://reader.elsevier.com/reader/sd/pii/S2212567115009880?token=8F6D48712DB7BEB1AD18ADA412E50A8B0C02CC12CE7460850AA3C67DBD9E3AFA646A30E3C500166EB72E5011660260BC, DoA: 14.02.2020. DOI: 10.1016/S2212-5671(15)00988-0.
Lucas, R. E. & Moll, B. (2014). Knowledge Growth and the Allocation of Time. Journal of Political Economy. 122 (1). 1-51. Accessed: https://www.princeton.edu/~moll/KGAT.pdf, DoA: 14.02.2020. DOI: 10.1086/674363.
Lyashenko, V.I. (2012). Financial and regulatory regimes to stimulate economic development: an introduction to economic regimeology. Donetsk: NAS of Ukraine, Institute of Industrial Economy.
Madani, D. (1999). A Review of the Role and Impact of Export Processing Zones. Policy research working paper 2238. Washington, DC: The World Bank. Accessed: http://documents.worldbank.org/curated/en/789981468766806342/pdf/multi-page.pdf, DoA: 14.02.2020.
Moberg, L. (2015). The political economy of special economic zones. A Dissertation Submitted to the Graduate Faculty of George Mason University In Partial Fulfillment of The Requirements for the Degree of Doctor of Philosophy Economics. George Mason University. Fairfax, Virginia.
OECD. (2013). Innovation-driven growth in regions: The role of smart specialisation. Paris: OECD. Accessed: https://www.oecd.org/sti/inno/smart-specialisation.pdf, DoA: 14.02.2020.
Perla, J., & Tonetti C. (2014). Equilibrium Imitation and Growth. J. Journal of Political Economy 122 (1). pp. 52-76. Accessed: https://christophertonetti.com/files/papers/PerlaTonetti_ImitationandGrowth.pdf, DoA: 14.02.2020. DOI: 10.1086/674362.
Pidorycheva, I. (2017). Special economic zones: key lessons learned from the global experience. Економічний вісник Донбасу [Ekonomichnyj visnyk Donbasu]. 4 (50). pp. 52-59. Accessed: http://www.evd-journal.org/download/2017/4(50)/EVD_2017_4.pdf, DoA: 14.02.2020.
Schneider, F. (2012). The Shadow Economy and Work in the Shadow: What Do We (Not) Know? IZA Discussion Papers 6423. Institute for the Study of Labour. (IZA). Accessed: http://ftp.iza.org/dp6423.pdf, DoA: 14.02.2020.
The World Bank. (2010). Innovation Policy: A Guide for Developing Countries: Washington, DC: The World Bank. Accessed: http://documents.worldbank.org/curated/en/251181468340760891/pdf/548930PUB0EPI11C10Dislosed061312010.pdf, DoA 14.02.2020. DOI: 10.1596/978-0-8213-8269-1.
The World Bank Group. (2017). Special Economic Zones. An Operational Review of Their Impacts. Washington, DC: The World Bank. Accessed: https://openknowledge.worldbank.org/bitstream/handle/10986/29054/P154708-12-07-2017-1512640006382.pdf?sequence=1&isAllowed=y, DoA 14.02.2020.
The World bank. (2019a). World Development Indicators. GDP per capita, PPP (current international $). Accessed: https://data.worldbank.org/indicator/ NY.GDP.PCAP.PP.CD? locations=UA&view=chart., DoA 14.02.2020.
The World bank. (2019b). World Development Indicators. High-technology exports (% of manufactured exports). Accessed: https://data.worldbank.org/indicator/TX.VAL.TECH.MF.ZS, DoA: 14.02.2020.
Verkhovna Rada of Ukraine. (1992). On General Principles of Special (Free) Economic Zones Creation and Functioning. Law of Ukraine № 2673-XII. Accessed: https://zakon.rada.gov.ua/laws/show/en/2673-12, DoA: 14.02.2020.
Warr, P., & Menon, J. (2015). Cambodia’s Special Economic Zones. ADB Economics Working Paper No. 459. Manila, Philippines. Accessed: https://www.adb.org/sites/default/files/publication/175236/ewp-459.pdf, DoA: 14.02.2020.
World Economic Forum. (2018). The Readiness for the Future of Production Report 2018. Geneva: The World Economic Forum’s System Initiative on Shaping the Future of Production. Accessed: http://www3.weforum.org/docs/FOP_Readiness_Report_2018.pdf, DoA: 14.02.2020.
Zeng, D.Z. (Ed.). (2010). Building Engines for Growth and Competitiveness in China: Experience with Special Economic Zones and Industrial Clusters. Directions in Development; countries and regions. Accessed: http://documents.worldbank.org/curated/en/294021468213279589/pdf/564470PUB0buil10Box349496B01PUBLIC1.pdf, DoA: 14.02.2020. DOI: 10.1596/978-0-8213-8432-9.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2021 Bulletin of Geography. Socio-economic Series
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Title, logo and layout of journal Bulletin of Geography. Socio-economic Series are reserved trademarks of Bulletin of Geography. Socio-economic Series.Stats
Number of views and downloads: 549
Number of citations: 1
