Attracting investment by introducing the city as a special economic zone: a perspective from Mauritius
- 12 December 2017
- journal article
- research article
- Published by Taylor & Francis Ltd in Urban Research & Practice
- Vol. 12 (2), 201-207
- https://doi.org/10.1080/17535069.2019.1607017
Abstract
Increasing urbanisation require proportionate capital injections in infrastructural projects to respond to local challenges. However, local public investments, especially in low-income economies and nations, are scare due to their low budgetary capacity, resulting in a downgrade of quality in primary public infrastructure; hence, impacting on liveability levels of socio-economic dimensions of these cities. This article proposes a policy tool to address this issue by envisaging the city as a Special Economic Zone with appropriately formulated fiscal mechanisms to encourage private sector investment in the public domain in accordance with guidelines and objectives set by government or public institutions.Keywords
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