This article examines the economic efficiency of Free Economic Zones (FEZs), highlighting their role in boosting trade, investment, and job creation. It outlines key benefits such as tax incentives and improved infrastructure, while also addressing common challenges like fiscal costs and weak integration with the local economy. Successful examples from the UAE, Vietnam, South Korea, and China demonstrate how strategic planning and governance can lead to positive outcomes.

Free Economic Zones, economic efficiency, investment

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