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| 1 |
ID:
115250
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| Publication |
2012.
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| Summary/Abstract |
Though India's SEZ policy owes its conceptual base to the successful Chinese SEZs' experience, hardly any attempt has been made to explain what made the latter so successful. In this article, we trace this phenomenal success to the well articulated and executed SEZ policy in China. Apart from this, the success of SEZs in China is also attributed to the various supporting mechanisms, both internal and external factors. On the basis of this analysis of different factors, we argue that SEZs cannot be expected to deliver optimum performance under ceteris paribus conditions; rather it requires careful identification and implementation of supportive factors, which may vary between countries, SEZs and/or between sectors within a given economy.
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| 2 |
ID:
160496
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| Summary/Abstract |
The theoretical underpinnings of trade facilitation (TF) would suggest a ‘balanced growth’ approach to expedite trade. However, taking the example of China and India, in this article, we explore how selective measures are capable of addressing issues related to TF. Both the economies offer very innovative interventions to address issues corresponding to TF, especially embedded in the way institutions are coordinated and integrated. As against the conventional idea that TF has to be initiated and carried forward only by the government, the ‘One Touch’ initiative in China provides a role for public–private partnership on issues pertaining to TF. This clearly demonstrates how, besides generating demand for trade-logistics services, the private sector itself can act as a source of supply to such services. The operation of Grapenet in India highlights the need to focus on sector-specific TF requirements along with meeting multilateral obligations. The One Touch initiative has to be appreciated as it was brought about in a context of the limited evolution of the information technology (IT) platform in China, and Grapenet has to be appreciated specifically because it brought a paperless integrated system in an agricultural context in India, where this sector’s preparedness for TF is less than that of the manufacturing sector.
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| 3 |
ID:
122640
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| Publication |
2013.
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| Summary/Abstract |
By exploring the role of Special Economic Zones (SEZs) in China's integration with the world economy, we also investigate the underlying challenges faced by the economy. This analysis suggests that SEZs enabled the Chinese economy to trigger its growth standards and to achieve its ambition of integrating with the world economy without compromising its political ideology. This transformation, however, has been accompanied by a few challenges of late that have been posing obstacles to the broader process of development. We argue that the experience of Chinese SEZs provides a number of policy directions for other economies, which may be followed with discrimination.
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