Financial Services Trade in Special Economic Zones

ABSTRACT The mushrooming of special economic zones (SEZs) in recent years has led to a significant increase the supply attractive incentives for investors looking opportunities abroad. Special are self-contained regimes, inextricably associated with investment promotion policies and domestic industrial policy general, that many times form part broader strategic governmental planning aims at experimenting rule-making strictly defined territorial jurisdictional boundaries. While empirical evidence is still inconclusive, can contribute development level through varying degree channels. This even more case services-only zones, new phenomenon exemplifies rising importance trade services but also ‘servicification trend’ drives global activity. Against this background, article examines offers tour d’horizon current services-related zone landscape. Furthermore, critically reviews patterns, traits, limits financial within discusses relevance General Agreement on Trade Services juncture. It concludes discussion potential development-related benefits ensuing from zones.