The Significance of Special Economic Zones in the Economic Development of Zimbabwe: A Case Study of Zim Asset
Journal Title: BEST : International Journal of Management, Information Technology and Engineering ( BEST : IJMITE ) - Year 2017, Vol 5, Issue 5
Abstract
This study was conducted to establish the significance of special economic zones (SEZs) to the economic development of Zimbabwe. This also included establishing the existence of SEZs in Zimbabwe; evaluating their contribution to the economic development of Zimbabwe and making recommendations to policy makers. In addition, the study also attempted to identify the relationship between special economic zones with some of the determinants of economic development, such as employment creation, foreign direct investment, technology transfer and infrastructure development. The study utilized phenomenology, philosophy and a case study research design which made use of questionnaires and focus groups and the data was analyzed using qualitative data analysis (QDA). In addition, the study utilized a sample of 400 respondents. The results of the study show that there are no special economic zones in Zimbabwe due to lack of relationship between special economic zones and determinants of economic development. The study therefore concluded that although the special economic zones are significant to the economic development of Zimbabwe but they do not exist in the country and are outdated. Thus, it was recommended that policy makers should be consistent in policy pronouncements and should use the bottom-up approach rather than top-down approach in order to formulate and implement successful economic policies. Additionally, there is a need for the government to adopt a coordinated approach as a way of keeping other stakeholders informed. Furthermore, there is a need for the new economic policies to involve other stakeholders in the successful implementation of these critical policies such as industrial clusters-which are more effective than special economic zones.
Authors and Affiliations
Gerald Munyoro, Dumezweni Nczomani, Blessing Mhere-Chigunhah
Keywords
Related Articles
- EP ID EP223725
- DOI -
- Views 103
- Downloads 0
Comprehensive Study of Network Simulation & Step to Step Installation of NS-2.35 on Kubuntu 14.04
In the comprehensive computer network’s research area, it is very expensive to design a whole network, without the simulation process because, if we design with actual equipment’s, then it may be very expensive and take...
Impact on Advertisement of Consumer Preference for Jewellery Shop
The advertisement has become as integral part of today’s marketing scenario. In earlier times, the advertisement was not given as much emphasis as it is being given today. The Instituted of practitioners in advertising d...
EFFECTIVENESS OF PRIMARY HEALTHCARE CENTRES IN DELIVERING HEALTHCARE SERVICES: A STUDY IN SONITPUR DISTRICT OF ASSAM.
Background: Good health is the right of every individual and is of utmost importance for the development of the society. In the context of healthcare service, patients’ perception is an important indicator of healthcare...
Privatization Mirage in Iran: Influence on Improvement of Efficiency of Insurances Branches?
Increase of efficiency is one of the aims of privatization in a way that in Iran also, privatization of governmental enterprises to the aim of efficiency has gained huge concern from the system soon after notification of...
Process of Change Management in the Telecommunication Industry in Implementing Customer Relationship Management System (Case Study: Mtn Nigeria)
This paper examines the implementation of the customer relationship software, in MTN Nigeria. The implementation process, that also included a good change management system, as well as the role of consensus and the role...