Abstract

The Enterprise Zone (EZ) policy model emerged in the 1980s and has constantly mutated. It has been repeatedly portrayed and promoted as a solution for reducing social and spatial inequalities by channeling investments and incentives to places falling behind. Nevertheless, academics and policy experts have persistently questioned the redistributive impacts of EZs. We suggest that a systematic examination of the details of policy design and implementing regulations can reveal why EZs might not have been set up for success and extract lessons from the US's 30 years of EZ experience. We propose an “EZ Equity Framework” that can be used by governments worldwide to strengthen the social impacts of EZ policies.

Full Text
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