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Potentialities and Fragilities of Brazilian SEZs
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Author(s): José Flavio Messias (ENIAC University Center, Brazil), Maria Helena Veloso Salgado (ENIAC University Center, Brazil), Kalil Riccardi Potenza (ENIAC University Center, Brazil), Priscila Cristiane Escobar Silva (ENIAC University Center, Brazil)and Cristina Silveira Melo (ENIAC University Center, Brazil)
Copyright: 2022
Pages: 25
Source title:
Handbook of Research on Special Economic Zones as Regional Development Enablers
Source Author(s)/Editor(s): Paulo Guilherme Figueiredo (City University of Macao, Macao), Francisco José Leandro (City University of Macao, Macao)and Yichao Li (City University of Macao, Macao)
DOI: 10.4018/978-1-7998-7619-9.ch016
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Abstract
A Special Economic Zone (SEZ) is a geographically delineated area subject to different regulations and administration from the host country in which it resides to attract foreign direct investment in economic activity that could not otherwise be achieved. The Special Economic Zones have gained relevance considering this new scenario. From an estimated 500 in 1995, they have now grown to around 5,400 in over 130 countries. They do not have a single format and can constitute a free trade area, an export processing zone, trade and foreign investment agreements, tax exemptions, with different stages of development: Stages I, II, and III, respectively – take-off, upgrading, and innovation. In this chapter, the authors analyze the existing models in Brazil, the stages of development they are in, identify their main characteristics, their positive and negative aspects, and assess the development prospects and the challenges for the expansion.
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