Export processing zones: a Caribbean development dilemma
Overview
The author describes incentives used by governments to attract foreign investment and create export processing zones (EPZs), also known as special economic or free trade zones. The low cost of labour, mostly provided by women, is one of these incentives. Making special reference to Jamaica, Belize, and Barbados, the author discusses the impact of EPZs on the Caribbean, and the challenges facing small countries in the face of monopoly agreements.
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