Chair in Maritime Business and Logistics, University of Bremen, Germanyn, Max-von-Laue-Straße 1, 28359, Bremen and Germany
h.c. Hans-Dietrich HAASIS
Chair in Maritime Business and Logistics, University of Bremen, Germany, Max-von-Laue-Straße 1, 28359, Bremen and Germany
The China Pakistan Economic Corridor (CPEC) is one of the Belt and Road Initiative projects. Nine special economic zones (SEZs) are proposed under the CPEC and the aim of establishing SEZs is to support and promote local industry as well as other dimensions such as improving energy generation and political stability in Pakistan. The CPEC will facilitate close proximity and collaboration between Pakistan and China, Pakistan can learn from China’s successful experience in SEZs. As this concept zone is ‘regional’ in itself, it is important to analyze this policy from the point of the “New economic geography” theory. This paper explores the existing literature on SEZs in order to identify the role of sustainable development goals (SDGs) in the perspective of spatially induced effects of a zone and their implications for SEZs under the CPEC.
Keywords: Special economic zones (SEZs), Sustainability; Sustainable Development Goals (SDGs), China Pakistan economic corridor (CPEC), spatially induced effects; geographical agglomeration
JEL classification: R12, R11