Original Research

A comparative analysis of the design of special economic zones: The case of South Africa, Malaysia and Indonesia

Nadea le Roux, Anculien Schoeman
Journal of Economic and Financial Sciences | Vol 9, No 3 | a69 | DOI: https://doi.org/10.4102/jef.v9i3.69 | © 2016 Nadea le Roux, Anculien Schoeman | This work is licensed under CC Attribution 4.0
Submitted: 18 December 2017 | Published: 03 December 2016

About the author(s)

Nadea le Roux, Department of Taxation, University of Pretoria, South Africa
Anculien Schoeman, Department of Taxation, University of Pretoria, South Africa

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Abstract

The South African government is dedicated to improving the country’s economy. The establishment of economic zones is used throughout the world as a method to improve a country’s economic growth. The main purpose of this study is to compare the key aspects of the new Special Economic Zones (SEZ) Programme in South Africa to those of Malaysia and Indonesia, since both these countries have successfully established SEZs which have contributed to the development of these countries. It was found that South Africa’s programme design was on par with that of these two countries, but further recommendations were made.

Keywords

Special economic zones; SEZ Programme; South Africa; Malaysia; Indonesia; unemployment; foreign direct investment; exports

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