SEZ (Special Economic Zones) in India: A Review of Macro Environment variables

This paper evaluates the concept of SEZ (Special Economic Zones), its classification, competitiveness in terms of exports and employment generated and also analyse the macro environment like Economic, legal, political and social issues of SEZ. The paper found from the analysis that success factors associated with SEZ are location decision of SEZ, linkages with domestic economy, Government and its institution support and ability of zones to attract factors of production (men, machine, money and materials) and macro environment issues dominate the SEZ policy formulation and execution.