Achieving WTO Compliance for Special Economic Zones in Developing Countries

Many developing countries operate geographically delineated economic areas in the form of export processing zones, special industrial zones, or free trade zones. They experiment in these special economic zones (SEZs) with infrastructure, regulatory...

Full description

Bibliographic Details
Main Authors: Creskoff, Stephen, Walkenhorst, Peter
Format: Brief
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2009/04/10536787/achieving-wto-compliance-special-economic-zones-developing-countries
http://hdl.handle.net/10986/11122
id okr-10986-11122
recordtype oai_dc
spelling okr-10986-111222021-04-23T14:02:54Z Achieving WTO Compliance for Special Economic Zones in Developing Countries Creskoff, Stephen Walkenhorst, Peter ADVERSE EFFECTS AGREEMENT ON SUBSIDIES COUNTERVAILING MEASURES CREDIT SUBSIDIES CURRENCY CUSTOMS CUSTOMS TERRITORY DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPMENT INVESTMENT DIVIDENDS DOMESTIC ECONOMY DOMESTIC MARKET ECONOMIC DEVELOPMENT EXPORT EXPORT CREDIT EXPORT CREDIT INSURANCE EXPORT CREDITS EXPORT FINANCE EXPORT PERFORMANCE EXPORT PROCESSING EXPORT PROCESSING ZONE EXPORT PROCESSING ZONES EXPORT PROMOTION EXPORT SUBSIDIES EXPORT SUBSIDY EXPORT ZONE EXPORTS FINANCIAL INSTITUTIONS FISCAL POLICIES FOREIGN INVESTMENT FOREIGN SALES FOREIGN SALES CORPORATION FOREIGN TRADE FOREIGN TRADE ZONE FREE TRADE FREE TRADE ZONE FREE TRADE ZONES FREE TREATMENT FREE ZONE FREE ZONES GENERAL AGREEMENT ON TRADE IN SERVICES GNP GOVERNMENT SUBSIDIES GROSS NATIONAL PRODUCT IMPORT DUTIES IMPORT DUTY IMPORT REGIME IMPORT SUBSTITUTION IMPORTS INCOME INCOME TAX INFRASTRUCTURE DEVELOPMENT INSURANCE INTERNATIONAL BUSINESS INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL TRADE MIDDLE-INCOME COUNTRIES MOST FAVORED NATION MULTILATERAL AGREEMENTS NATIONAL TREATMENT PER CAPITA INCOME SOCIAL WELFARE SPECIAL INCENTIVES TAX TAX CONCESSIONS TAX DEDUCTIONS TAX EXEMPTIONS TAX FREE TAX LAW TAX RATES TAX REDUCTIONS TECHNICAL ASSISTANCE TRADE POLICY TRADE POLICY REVIEW TRADE-RELATED INVESTMENT TRANSITION COUNTRIES TRANSPARENCY WORLD TRADE WORLD TRADE ORGANIZATION WTO Many developing countries operate geographically delineated economic areas in the form of export processing zones, special industrial zones, or free trade zones. They experiment in these special economic zones (SEZs) with infrastructure, regulatory, and fiscal policies that are different from those implemented in the rest of the domestic economy with the aim of attracting foreign investment, creating employment opportunities, and boosting exports. Special incentives for zone-based firms play a prominent role in most countries programs. This note provides an overview of the application of World Trade Organization (WTO) disciplines to incentive programs typically employed by developing countries in connection with SEZ programs. It is intended to inform policy makers, zone administrators, and the development community about the WTO consistency of such incentive measures. The analysis is concerned exclusively with multilateral law and leaves economic aspects concerning beneficial or adverse effects of such fiscal incentives aside. As in all legal analysis, different interpretations of particular provisions might be possible and the ultimate decision on the legality of a particular measure remains subject to the authoritative interpretation of the WTO and its members. 2012-08-13T14:12:40Z 2012-08-13T14:12:40Z 2009-04 http://documents.worldbank.org/curated/en/2009/04/10536787/achieving-wto-compliance-special-economic-zones-developing-countries http://hdl.handle.net/10986/11122 English PREM Notes; No. 134 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ADVERSE EFFECTS
AGREEMENT ON SUBSIDIES
COUNTERVAILING MEASURES
CREDIT SUBSIDIES
CURRENCY
CUSTOMS
CUSTOMS TERRITORY
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPMENT INVESTMENT
DIVIDENDS
DOMESTIC ECONOMY
DOMESTIC MARKET
ECONOMIC DEVELOPMENT
EXPORT
EXPORT CREDIT
EXPORT CREDIT INSURANCE
EXPORT CREDITS
EXPORT FINANCE
EXPORT PERFORMANCE
EXPORT PROCESSING
EXPORT PROCESSING ZONE
EXPORT PROCESSING ZONES
EXPORT PROMOTION
EXPORT SUBSIDIES
EXPORT SUBSIDY
EXPORT ZONE
EXPORTS
FINANCIAL INSTITUTIONS
FISCAL POLICIES
FOREIGN INVESTMENT
FOREIGN SALES
FOREIGN SALES CORPORATION
FOREIGN TRADE
FOREIGN TRADE ZONE
FREE TRADE
FREE TRADE ZONE
FREE TRADE ZONES
FREE TREATMENT
FREE ZONE
FREE ZONES
GENERAL AGREEMENT ON TRADE IN SERVICES
GNP
GOVERNMENT SUBSIDIES
GROSS NATIONAL PRODUCT
IMPORT DUTIES
IMPORT DUTY
IMPORT REGIME
IMPORT SUBSTITUTION
IMPORTS
INCOME
INCOME TAX
INFRASTRUCTURE DEVELOPMENT
INSURANCE
INTERNATIONAL BUSINESS
INTERNATIONAL FINANCIAL INSTITUTIONS
INTERNATIONAL TRADE
MIDDLE-INCOME COUNTRIES
MOST FAVORED NATION
MULTILATERAL AGREEMENTS
NATIONAL TREATMENT
PER CAPITA INCOME
SOCIAL WELFARE
SPECIAL INCENTIVES
TAX
TAX CONCESSIONS
TAX DEDUCTIONS
TAX EXEMPTIONS
TAX FREE
TAX LAW
TAX RATES
TAX REDUCTIONS
TECHNICAL ASSISTANCE
TRADE POLICY
TRADE POLICY REVIEW
TRADE-RELATED INVESTMENT
TRANSITION COUNTRIES
TRANSPARENCY
WORLD TRADE
WORLD TRADE ORGANIZATION
WTO
spellingShingle ADVERSE EFFECTS
AGREEMENT ON SUBSIDIES
COUNTERVAILING MEASURES
CREDIT SUBSIDIES
CURRENCY
CUSTOMS
CUSTOMS TERRITORY
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPMENT INVESTMENT
DIVIDENDS
DOMESTIC ECONOMY
DOMESTIC MARKET
ECONOMIC DEVELOPMENT
EXPORT
EXPORT CREDIT
EXPORT CREDIT INSURANCE
EXPORT CREDITS
EXPORT FINANCE
EXPORT PERFORMANCE
EXPORT PROCESSING
EXPORT PROCESSING ZONE
EXPORT PROCESSING ZONES
EXPORT PROMOTION
EXPORT SUBSIDIES
EXPORT SUBSIDY
EXPORT ZONE
EXPORTS
FINANCIAL INSTITUTIONS
FISCAL POLICIES
FOREIGN INVESTMENT
FOREIGN SALES
FOREIGN SALES CORPORATION
FOREIGN TRADE
FOREIGN TRADE ZONE
FREE TRADE
FREE TRADE ZONE
FREE TRADE ZONES
FREE TREATMENT
FREE ZONE
FREE ZONES
GENERAL AGREEMENT ON TRADE IN SERVICES
GNP
GOVERNMENT SUBSIDIES
GROSS NATIONAL PRODUCT
IMPORT DUTIES
IMPORT DUTY
IMPORT REGIME
IMPORT SUBSTITUTION
IMPORTS
INCOME
INCOME TAX
INFRASTRUCTURE DEVELOPMENT
INSURANCE
INTERNATIONAL BUSINESS
INTERNATIONAL FINANCIAL INSTITUTIONS
INTERNATIONAL TRADE
MIDDLE-INCOME COUNTRIES
MOST FAVORED NATION
MULTILATERAL AGREEMENTS
NATIONAL TREATMENT
PER CAPITA INCOME
SOCIAL WELFARE
SPECIAL INCENTIVES
TAX
TAX CONCESSIONS
TAX DEDUCTIONS
TAX EXEMPTIONS
TAX FREE
TAX LAW
TAX RATES
TAX REDUCTIONS
TECHNICAL ASSISTANCE
TRADE POLICY
TRADE POLICY REVIEW
TRADE-RELATED INVESTMENT
TRANSITION COUNTRIES
TRANSPARENCY
WORLD TRADE
WORLD TRADE ORGANIZATION
WTO
Creskoff, Stephen
Walkenhorst, Peter
Achieving WTO Compliance for Special Economic Zones in Developing Countries
relation PREM Notes; No. 134
description Many developing countries operate geographically delineated economic areas in the form of export processing zones, special industrial zones, or free trade zones. They experiment in these special economic zones (SEZs) with infrastructure, regulatory, and fiscal policies that are different from those implemented in the rest of the domestic economy with the aim of attracting foreign investment, creating employment opportunities, and boosting exports. Special incentives for zone-based firms play a prominent role in most countries programs. This note provides an overview of the application of World Trade Organization (WTO) disciplines to incentive programs typically employed by developing countries in connection with SEZ programs. It is intended to inform policy makers, zone administrators, and the development community about the WTO consistency of such incentive measures. The analysis is concerned exclusively with multilateral law and leaves economic aspects concerning beneficial or adverse effects of such fiscal incentives aside. As in all legal analysis, different interpretations of particular provisions might be possible and the ultimate decision on the legality of a particular measure remains subject to the authoritative interpretation of the WTO and its members.
format Publications & Research :: Brief
author Creskoff, Stephen
Walkenhorst, Peter
author_facet Creskoff, Stephen
Walkenhorst, Peter
author_sort Creskoff, Stephen
title Achieving WTO Compliance for Special Economic Zones in Developing Countries
title_short Achieving WTO Compliance for Special Economic Zones in Developing Countries
title_full Achieving WTO Compliance for Special Economic Zones in Developing Countries
title_fullStr Achieving WTO Compliance for Special Economic Zones in Developing Countries
title_full_unstemmed Achieving WTO Compliance for Special Economic Zones in Developing Countries
title_sort achieving wto compliance for special economic zones in developing countries
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2009/04/10536787/achieving-wto-compliance-special-economic-zones-developing-countries
http://hdl.handle.net/10986/11122
_version_ 1764415605153202176