Global Political Economy of Special Economic Zones: People’s Republic of China and Zambia Cooperation: The case of Chambishi Multi Facility Economic Zone
Rummukainen, Hanna Ndauapeka (2019)
Rummukainen, Hanna Ndauapeka
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Julkaisun pysyvä osoite on
China and Africa have a long-standing relationship that in the past two decades has turned into an economic focus for debate and even some controversy. Zambia in particular has been a target for Chinese investment especially in its copper industry. The forerunner to this is China’s accumulation of wealth resulting in strategic investments made abroad. One such foreign policy tool is the investment made into collaborative SEZs in selected developing countries. The zones entitle investors to incentives to promote business activities that contribute to the overall host economy. Zambia like many Least Developed Countries is behind in their implementation of such a policy. Despite it being to early to determine if the zone can contribute to structural adjustment, Zambia’s implementation of the Multi Facility Zone (MFEZ) framework might be one answer to its’ lagging economy. On the other hand, there is much debate on SEZs real impact on an economy.