Jadavpur University collaborates with foreign varsities to study SEZ impact

The proposed research will cover three countries that are Vietnam, India and Ghana.

Amid the prevailing economic inequality in the country and its reasonable increase due to globalization, researchers from Jadavpur University's Economics Department mulling to collaborate with four leading global institutions to study the impact of SEZs (Special Economic Zone). According to the reports, the JU researchers will be working with counterparts from Kiel Institute of World Economy Germany, Copenhagen Business School, Denmark, University of Ghana and National Institute of Socio-Economic Information and Broadcast, Vietnam. The research is being funded by Swedens Bank Riksbankens Jubileumsfond.

The reports also suggest that the aim of the main thrust of the research titled "Do SEZs ( Special Economic Zones ) really reduce economic inequality ?" is at finding out the impact of SEZ in the areas it is built and whether it has been instrumental in reducing social and economic inequality in the country. There are seven operational SEZs in the state at Falta, Manikanchan, Wipro among others. While five of these SEZs are for IT, the other two belong to the manufacturing sector. The total area under SEZ is 500 acres.

The proposed research will cover three countries that are Vietnam, India and Ghana. These countries are at different stages of globalization. While SEZ in Vietnam fetched success, it has brought moderate results to India. It has also failed in a few places in our country. In Ghana, it has not been successful at all. The research is expected to conclude in 2023.

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