Analyzing Free Economic Zones in Uzbekistan for Sustainable Growth

https://doi.org/10.22146/ijg.84351

Young-Jin Ahn(1*), Zuhriddin Juraev(2), Ji-Yeong Gu(3)

(1) Department of Geography, Chonnam National University, Korea.
(2) Department of Geography, Chonnam National University, Korea.
(3) Korea Research Institute for Human Settlements
(*) Corresponding Author

Abstract


This study examines the economic geography of Uzbekistan's free economic zones, focusing on their current significance and future prospects. It examines the historical and theoretical foundations of these zones, focusing on their role in shaping and organizing them. The study looks at the status of the free economic zones and examines their contribution to key economic indicators such as gross domestic production, trade, labor and tourism. In addition, the study uncovers the challenges faced by the free economic zones and provides targeted recommendations to effectively address these issues. The findings not only contribute to the existing economic geography literature, but also serve as a valuable resource for policy makers, researchers and stakeholders interested in promoting economic growth and regional development through free economic zones. This study provides a comprehensive analysis and a theoretical basis for understanding free economic zones in Uzbekistan and offers a broader perspective for improving their performance and potential to ultimately promote sustainable economic development in the country and beyond.

Keywords


Free economic zone; Economic geography; Development; Spatial patterns; Uzbekistan

Full Text:

PDF


References

Aggarwal, A. (2012). SEZ-led growth in Taiwan, Korea, and India: Implementing a successful strategy. Asian Survey, 52(5), 872-899.

Alizada, J. E. (2021). Legal aspects of establishment of special economic zones in the world practice and in the Republic of Azerbaijan. Евразийский юридический журнал, 4, 39-42.

Arifuddin, R., Latief, R. U., Hamzah, S., Pangemanan, D., Aprianti, E., & Fadlillah, R. (2023). The Analysis of Sustainable Construction Strategies on the Likupang Special Economic Zone (SEZ). Civil Engineering Journal, 9, 83-93.

Balassa, B. (2013). The theory of economic integration (routledge revivals). Routledge, 48-53.

Barents, R. (1978). Charges of equivalent effect to customs duties. Common Market L. Rev., 15, 415.

Barnett, C. (2005). The consolations of ‘neoliberalism’. Geoforum, 36(1), 7-12.

Brenes, E. R., Ruddy, V., & Castro, R. (1997). Free Zones in El Salvador. Journal of Business Research, 38(1), 57-65.

Clément, T. (2019). From failed economic interfaces to political levers: Assessing China-South Korea competition and cooperation scenarios on North Korean Special Economic Zones. Korea Economic Institute of America, Academic Paper Series, 106.

Coe, N. M. (2017). “Missing links: Logistics, governance and upgrading in a shifting global economy”, In: Global Value Chains and Global Production Networks, Routledge, 224-256.

Coe, N. M., Hess, M., Yeungt, H. W. C., Dicken, P., & Henderson, J. (2017). “‘Globalizing’regional development: a global production networks perspective”. In: Economy, Routledge, 199-215.

Dadabaev, T. (2019). Uzbekistan as Central Asian game changer? Uzbekistan’s foreign policy construction in the post-Karimov era. Asian Journal of Comparative Politics, 4(2), 162-175.

Dicken, P. (2015). Global shift: Mapping the changing contours of the world economy, SAGE, 289-385.

Gereffi, G. (2017). “Global value chains in a post-Washington Consensus world”, In: Global Value Chains and Global Production Networks, Routledge, 9-37.

Gogishvili, D., & Harris-Brandts, S. (2020). Coinciding practices of exception in urban development: mega-events and special economic zones in Tbilisi, Georgia. European Planning Studies, 28(10), 1999-2019.

Goodstein, E. (1995). The economic roots of environmental decline: Property rights or path dependence?. Journal of Economic Issues, 29(4), 1029-1043.

Haqberdievich, K. D. (2022). Ways to Expand the Export Geography of the Jizzakh Free Economic Zone. Central Asian Journal of Innovations on Tourism Management and Finance, 3(6), 55-63.

Hausman, D. M. (1989). Are markets morally free zones?. Philosophy & public affairs, 317-333.

Higginbottom, A. (2013). The political economy of foreign investment in Latin America: Dependency revisited. Latin American Perspectives, 40(3), 184-206.

Ikramov, M. A., Shermukhamedov, A. T., & Shermukhamedov, U. A. (2008). Using the Experience of the development of the economy of Republic of Korea for Uzbekistan. 한국로고스경영학회 학술발표대회논문집, 49-63.

Jayawarna, D., Jones, O., & Macpherson, A. (2011). New business creation and regional development: Enhancing resource acquisition in areas of social deprivation. Entrepreneurship & Regional Development, 23(9-10), 735-761.

Juraev, Z. (2023). Spatial Study of Factors Affecting FDI into FEZs in Uzbekistan, SSRN 4322377.

Kowalski, A. M. (2020). Towards an Asian model of clusters and cluster policy: The super cluster strategy. Journal of Competitiveness, 12(4).

Kuzieva, N. (2020). Kuzieva NR Free economic zones of Uzbekistan: development, operation and features of the tax regime. Архив научных исследований, (24).

Lee, H. S., Chernikov, S. U., & Nagy, S. (2021). Motivations and locational factors of FDI in CIS countries: Empirical evidence from South Korean FDI in Kazakhstan, Russia, and Uzbekistan. Regional Statistics, 11(4), 79-100.

Lee, J. (2010). Global commodity chains and global value chains. In Oxford Research Encyclopedia of International Studies.

Leong, C. K. (2013). Special economic zones and growth in China and India: an empirical investigation. International Economics and Economic Policy, 10, 549-567.

Lu, X. (2014). The development process, functional evaluation, and implications of world free trade zones. World Review of Political Economy, 5(3), 359-371.

Lyu, S. (2016). Economic crisis and regulation theory: review of International Conference of Research & Regulation 2015. World Review of Political Economy, 7(1), 145-153.

Malecki, E. J. (1993). Entrepreneurship in regional and local development. International regional science review, 16(1-2), 119-153.

Mazzolini, R. (1980). Are state-owned enterprises unfair competition?. California Management Review, 23(2), 20-28.

Mendelsohn, R., & Dinar, A. (1999). Climate change, agriculture, and developing countries: does adaptation matter?. The World Bank Research Observer, 14(2), 277-293.

Meyer, K. E., Ding, Y., Li, J., & Zhang, H. (2018). Overcoming distrust: How state-owned enterprises adapt their foreign entries to institutional pressures abroad. State-Owned Multinationals: Governments in Global Business, 211-251.

Moses, L. N. (1958). Location and the theory of production. The Quarterly Journal of Economics, 72(2), 259-272.

Neilson, J., Pritchard, B., & Yeung, H. W. C. (2014). Global value chains and global production networks in the changing international political economy: An introduction. Review of International Political Economy, 21(1), 1-8.

Neveling, P. (2018). Export Processing Zones/Special Economic Zones. The International Encyclopaedia of Anthropology, 2179-2185.

Olaoye, K., & Sejko, D. (2021). A Comparative Review of Special Economic Zones: Demystifying Myths and Controversies, SSRN 3990484.

Peremkulov, J. A. (2016). “New Paths in Developing Infrastructure in The Industrial City of Angren”, In: Наука и инновации в современном мире, 148-153.

Pilyasov, A. N. (2019). Regional investment policy: how to overcome the path dependence. Regional Research of Russia, 9, 340-349.

Prasad, E. S., Rajan, R., & Subramanian, A. (2007). “Foreign capital and economic growth”, In: Brookings Papers on Economic Activity, 153–209.

Scipes, K. (2020). Innovations in Labor Studies-Incorporating Global Perspectives. Class, Race and Corporate Power, 8(1).

Scott, A. J. (1982). Locational patterns and dynamics of industrial activity in the modern metropolis. Urban Studies, 19(2), 111-141.

Shayah, M. H., & Qifeng, Y. (2015). Development of free zones in United Arab Emirates. International Review of Research in Emerging Markets and the Global Economy (IRREM), 1(2), 286-294.

Sirojiddin, S. (2022). Possibilities of Applying World Experience of Organizing Free Economic Zones in Uzbekistan. Web of Scientist: International Scientific Research Journal, 3(11), 1388-1413.

Soulsby, J. A. (1965). The Shannon Free Airport scheme: a new approach to industrial development. Scottish Geographical Magazine, 81(2), 104-114.

Spechler, M. C. (2008). The political economy of reform in Central Asia: Uzbekistan under authoritarianism, Routledge, pp. 23-34.

Tausch, A. (2018). Globalisation and development: the relevance of classical “dependency” theory for the world today. International Social Science Journal, 68, 227-228.

Turgel, I. D., Bozhko, L. L., & Zinovieva, E. G. (2019). Cluster approach to organization of special economic zones in Russia and Kazakhstan. R-Economy. 2019. Vol. 5. Iss. 2, 5(2), 71-78.

Tursunov, K. B. (2020). Using the advantages of “Navoi” free industrial-economic zone to attract foreign investment. TRANS Asian Journal of Marketing & Management Research (TAJMMR), 9(10), 57-61.

Urbatsch, R. (2013). A referendum on trade theory: Voting on free trade in Costa Rica. International Organization, 67(1), 197-214.

Vokhidova, M. K., Davirova, S., Gulyamova, G., & Aziz, O. U. M. (2019). Opportunities for establishment of transborder free economic zones in Central Asia. Religación: Revista de Ciencias Sociales y Humanidades, 4(13), 235-242.

Watanabe, M. (2003). Official development assistance as a catalyst for foreign direct investment and industrial agglomeration. Asian Development Experience, 1, 136-168.

Wikan, V. (2015). What is ‘Neoliberalism’, and how does it relate to globalization. E-International Relations Students, 9, 45-67.

Wong, K. Y., & Chu, D. K. (1984). Export processing zones and special economic zones as generators of economic development: The Asian experience. Geografiska Annaler: Series B, Human Geography, 66(1),1-16.

Yifan, D. (2015). Innovation on financing should pave the way for realizing the belt and road initiative. China Int'l Stud., 54, 56.

Zaki, D. Y., Valigholizadeh, D. A., & Zarei, D. B. (2016). The Analysis of Space of Dependency and Space of Engagement in Aras Free Trade-Industrial Zone. Geography and Territorial Spatial Arrangement, 5(17), 51-70.

Zeng, D. Z. (2015). Global experiences with special economic zones: Focus on China and Africa. World Bank Policy Research Working Paper, 7240-7256.

Zeng, D. Z. (2016). Special economic zones: Lessons from the global experience. PEDL synthesis paper series, 1(1), 1-9.

Zhao, M., & Farole, T. (2011). Partnership arrangements in the China-Singapore (Suzhou) industrial park: Lessons for joint economic zone development. Special economic zones, 101.

Саидмуродова, М. А., & Амиркулов, А. Н. (2019). Free Economic Zones: Forms, Features and Ways of Their Organization in The Republic of Tajikistan. Вестник Таджикского национального университета. Серия социально-экономических и общественных наук, 10(2), 36-42.



DOI: https://doi.org/10.22146/ijg.84351

Article Metrics

Abstract views : 3817 | views : 1494

Refbacks



Bookmark and Share


Copyright (c) 2024 Zuhriddin Juraev

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Accredited Journal, Based on Decree of the Minister of Research, Technology and Higher Education, Republic of Indonesia Number 225/E/KPT/2022, Vol 54 No 1 the Year 2022 - Vol 58 No 2 the Year 2026 (accreditation certificate download)

ISSN 2354-9114 (online), ISSN 0024-9521 (print)

Web Analytics IJG STATISTIC