The Fiscal and Economic Impact of Qualifying Industrial Zones

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SUMMARYThis thesis investigates the fiscal and economic impact of Qualifying Industrial Zones (QIZs) on the Jordanian economy. In contrast to other studies, this study assesses costs and benefits of establishing such zones in Jordan. Fiscal as well as economic issues are investigated to clarify the impact of QIZs on the host country.This QIZ agreement pursued political aims more than broad economic goals, as QIZs were designed to ameliorate relations between Israel and Jordan. They were also expected to improve relations between Israel and other Arab countries through the cooperation required to get duty-free access to the USA market.Most countries consider special economic zones, such as QIZs, engines for growth, but empirical evidence from many countries in the world shows that the impact of various economic zones on growth is mixed. It has been assumed that QIZs play a significant role in increasing exports and earning foreign currency. However, ignoring the offsetting effects of im

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