Evaluating South Africa's Special Economic Zones

被引:0
|
作者
Qumba, Mmiselo Freedom [1 ,2 ]
机构
[1] Univ Pretoria, Pretoria, South Africa
[2] Univ Pretori, Fac Law, Mercantile Law Dept, Hatfield, England
关键词
special economic zones; industrial development zones; South Africa; one-stop shops; free trade zones; foreign direct investment; POLICY;
D O I
10.1017/S0021855323000128
中图分类号
D9 [法律]; DF [法律];
学科分类号
0301 ;
摘要
Special economic zones (SEZs) can be described as "carved out jurisdictions within the overall jurisdiction of a state in order to introduce different laws and regulations that are usually more trade and investment friendly". South Africa's SEZs are created under the Special Economic Zones Act 16 of 2014. This article analyses the country's legal framework for SEZs, which legal scholars have thus far only examined from a purely economic perspective. It provides a brief historical overview of industrial development zones, examines the 2014 act and suggests some reforms within the SEZ legislative framework. A comparative analysis is provided by drawing some lessons from BRICS member countries that have a successful record in operationalizing SEZs.
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页码:275 / 295
页数:21
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