Open AccessInvestments within the areas of special economic zones and creation of long term economical growth
Author(s) -
Radosław Pastusiak
Publication year - 2009
Publication title -
equilibrium
Language(s) - English
Resource type - Journals
eISSN - 2353-3293
pISSN - 1689-765X
DOI - 10.12775/equil.2009.028
Subject(s) - possession (linguistics) , term (time) , business , special economic zone , competitive advantage , industrial organization , key (lock) , economics , economic system , market economy , marketing , china , political science , linguistics , quantum mechanics , law , biology , ecology , philosophy , physics
In the age of global economy, the possession of unique knowledge and high specialization skills is the key to progress. Under such circumstances, running a business means gaining competitive advantage, especially in terms of intellectual potential. Five sectors: high-tech industry, R&D, education, business services and information technology play the main role in building of the new economy, this is of course due to investments. For developing countries, the main way to attract investors is to a establish special economic zone. The author of the article explores the idea whether investments in SEZ can be a basis for stable long term GDP growth.