Since its inception in 1993, the Indonesia–Malaysia–Thailand Growth Triangle (IMT-GT) subregional program has attained remarkable economic growth and shared regional prosperity through concerted policy interventions. Yet, there is a mismatch between...

To enable firms to participate in the globalization process, governments in emerging economies may opt to implement policies aimed at increasing their countries’ attractiveness to foreign investors. One frequently used industrial policy measure in...

Global foreign direct investment (FDI) has increased substantially over the past decades and so has FDI in Africa. However, still only 3 percent of glob

This paper exploits time and geographic variation in the adoption of Special Economic Zones in India to assess the direct and spillover effects of the program. We combine geocoded firm-level data and geocoded SEZs using a concentric ring approach,...