IMPACT OF SPECIAL ECONOMIC ZONES – A CRITICAL REVIEW OF RECENT LITERATURE

The necessity of speedy economic developments has made way to the setting up of SEZs in different countries, especially the developing countries. The high growth sectors often push the development related acidities to the brink. Thereby resulting in the uneven growth the different aspects related to the geographical area under consideration. Besides, the maturity of local administration and the planning authorities also affects the overall socio-economic and industrial development of the region. In view of this, it is very important the knowledge pertaining to the same be reviewed periodically so that the effectiveness of the new policies can be improved. Hence, an attempt has been made in this study to critically evaluate the recently published literature. For this purpose, only the literature published in reputed journals was used. The process of review was carried out by following general principles of content analysis. The review clearly highlighted the need to conduct focused studies vis-à-vis development of the SEZs. Besides, such studies are necessary to make sure that the industrial activities in the SEZs remain sustainable.