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Special Economic Zones in India: White Elephants or Race HorsesSiddhartha MitraJadavpur University - Department of Economics Abstract: On the basis of economic theory and history we can conclude that absorption of agricultural labour is necessary for sustained economic development of a developing country. Special Economic Zones (SEZs) constitute a medium for such sustenance. However, the SEZ policy in India has suffered from permission being granted for far too many sub-optimally sized SEZs or for others serving as appendages to mega cities and therefore inheriting all the diseconomies associated with the large size of the latter.
Number of Pages in PDF File: 21 Keywords: Special Economic Zones, Absorption, Employment JEL Classification: O10, O40 working papers seriesDate posted: March 14, 2007Suggested CitationContact Information
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