Graduation Year

Spring 2014

Document Type

Campus Only Senior Thesis

Department

Economics-Accounting

Reader 1

Latika Chaudhary

Reader 2

Marc Massoud

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Terms of Use for work posted in Scholarship@Claremont.

Rights Information

© 2014 Sweta Garapati

Abstract

In recent times, special economic zones have become a popular mode of promoting economic development in developing countries. Through SEZs China has achieved immense economic growth, a model, which a number of developing countries are trying to emulate. India followed suite in establishing SEZs, however, it has not been able to achieve the same success as China. In this paper, I perform a comparitive analysis between India and China and study the impact on economic development. By highlighting the differences between the SEZs in the two countries I explain the reason for China's immediate success and India's slow growth. I finally conclude that SEZs are a viable method of achieving economic development, especially for developing countries.

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