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The use of special economic zones to drive sustainable development in Egypt: A case study on the Suez Canal region

One major problem facing Egypt is improper allocation of the country’s resources that potentially enhancing Egypt’s development. The Suez Canal Zone is one of these misused resources. In recent years, the Suez Canal area has not been efficiently exploited in parallel to its geographical importance i...

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Main Author: Ali, Dona Alaa
Format: Thesis
Published: AUC Knowledge Fountain 2020
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access_status_str Open Access
author Ali, Dona Alaa
author_browse Ali, Dona Alaa
author_facet Ali, Dona Alaa
author_sort Ali, Dona Alaa
collection Thesis
dc_rights_str_mv The author retains all rights with regard to copyright. The author certifies that written permission from the owner(s) of third-party copyrighted matter included in the thesis, dissertation, paper, or record of study has been obtained. The author further certifies that IRB approval has been obtained for this thesis, or that IRB approval is not necessary for this thesis. Insofar as this thesis, dissertation, paper, or record of study is an educational record as defined in the Family Educational Rights and Privacy Act (FERPA) (20 USC 1232g), the author has granted consent to disclosure of it to anyone who requests a copy.
description One major problem facing Egypt is improper allocation of the country’s resources that potentially enhancing Egypt’s development. The Suez Canal Zone is one of these misused resources. In recent years, the Suez Canal area has not been efficiently exploited in parallel to its geographical importance in the world trade route. Thus, it is essential to set a sustainable development strategy and implemented it properly in order to upgrade this area and reap its potential advantages which may contribute to the country prosperity. Unless the Suez Canal region is efficiently managed, Egypt risks losing valuable development opportunities. This research argues that Special Economic Zones (SEZs) could offer a successful way to drive sustainable development in the country, provided this economic zone is appropriately established and customized to fits Egypt needs. The concept of SEZs is gaining global recognition and acceptance, particularly since its successful performance in the Asian Tigers countries, amongst others. Despite these achievements, SEZs in certain developing countries have negatively impacted on the sustainable national growth. Because there is no unified model to suit every situation, it is essential to plan a well-defined framework in the Suez Canal economic zone (SCZone) that supports inclusive growth in Egypt generally and in the Suez Canal region particularly. Such a framework could be built around a long-term commitment which supports economic growth in Egypt, relying on solid social and environmental standards. This dissertation focused on analyzing the role of the current Egyptian special economic zones in achieving its objective, and accordingly proposed a sustainable strategy that supports Egypt vision 2030 in the SCZone. Ultimately, this dissertation found that during 2002-2018 period, SEZs in the Suez Canal region have a significant positive impact on the economic growth whereas they have a significant negative effect on the social and environmental standards. Thus, for making growth more inclusive, the government should have more responsibility for improving the human capital and supporting clean production practices in the SCZone.
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institution American University in Cairo (Egypt)
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license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from AUC Knowledge Fountain — bepress
publishDate 2020
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spelling oai:fount.aucegypt.edu:etds-1832 The use of special economic zones to drive sustainable development in Egypt: A case study on the Suez Canal region Ali, Dona Alaa One major problem facing Egypt is improper allocation of the country’s resources that potentially enhancing Egypt’s development. The Suez Canal Zone is one of these misused resources. In recent years, the Suez Canal area has not been efficiently exploited in parallel to its geographical importance in the world trade route. Thus, it is essential to set a sustainable development strategy and implemented it properly in order to upgrade this area and reap its potential advantages which may contribute to the country prosperity. Unless the Suez Canal region is efficiently managed, Egypt risks losing valuable development opportunities. This research argues that Special Economic Zones (SEZs) could offer a successful way to drive sustainable development in the country, provided this economic zone is appropriately established and customized to fits Egypt needs. The concept of SEZs is gaining global recognition and acceptance, particularly since its successful performance in the Asian Tigers countries, amongst others. Despite these achievements, SEZs in certain developing countries have negatively impacted on the sustainable national growth. Because there is no unified model to suit every situation, it is essential to plan a well-defined framework in the Suez Canal economic zone (SCZone) that supports inclusive growth in Egypt generally and in the Suez Canal region particularly. Such a framework could be built around a long-term commitment which supports economic growth in Egypt, relying on solid social and environmental standards. This dissertation focused on analyzing the role of the current Egyptian special economic zones in achieving its objective, and accordingly proposed a sustainable strategy that supports Egypt vision 2030 in the SCZone. Ultimately, this dissertation found that during 2002-2018 period, SEZs in the Suez Canal region have a significant positive impact on the economic growth whereas they have a significant negative effect on the social and environmental standards. Thus, for making growth more inclusive, the government should have more responsibility for improving the human capital and supporting clean production practices in the SCZone. 2020-02-01T08:00:00Z thesis application/pdf https://fount.aucegypt.edu/etds/833 https://fount.aucegypt.edu/context/etds/article/1832/viewcontent/Thesis_20submission_203_20.pdf The author retains all rights with regard to copyright. The author certifies that written permission from the owner(s) of third-party copyrighted matter included in the thesis, dissertation, paper, or record of study has been obtained. The author further certifies that IRB approval has been obtained for this thesis, or that IRB approval is not necessary for this thesis. Insofar as this thesis, dissertation, paper, or record of study is an educational record as defined in the Family Educational Rights and Privacy Act (FERPA) (20 USC 1232g), the author has granted consent to disclosure of it to anyone who requests a copy. Theses and Dissertations AUC Knowledge Fountain Special economic zones Econometric Model
spellingShingle Special economic zones
Econometric Model
Ali, Dona Alaa
The use of special economic zones to drive sustainable development in Egypt: A case study on the Suez Canal region
title The use of special economic zones to drive sustainable development in Egypt: A case study on the Suez Canal region
title_full The use of special economic zones to drive sustainable development in Egypt: A case study on the Suez Canal region
title_fullStr The use of special economic zones to drive sustainable development in Egypt: A case study on the Suez Canal region
title_full_unstemmed The use of special economic zones to drive sustainable development in Egypt: A case study on the Suez Canal region
title_short The use of special economic zones to drive sustainable development in Egypt: A case study on the Suez Canal region
title_sort use of special economic zones to drive sustainable development in egypt a case study on the suez canal region
topic Special economic zones
Econometric Model
url https://fount.aucegypt.edu/etds/833
https://fount.aucegypt.edu/context/etds/article/1832/viewcontent/Thesis_20submission_203_20.pdf
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