ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

Old Data, Confused Analysis

April 6, 1985 of the imports and exports within EPZs arc infra-firm, with tremendous scope for transfer pricing. More significantly, as soon as tax holidays expire, the industrial processing units are reallocated to more favourable sites in other countries, specially in the context of competition among developing countries to attract these footloose industries. For example, in one of the leading EPZs of the Philippines, at Butan, out of 68 units, 20 have already closed down. Faced with a demand for even a slight increase in wages, these units respond with closures and lock-outs.

Dear reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top