Unpacking Special Economic Zones in Central America
With around 500 different special economic zones (SEZs) in Latin America and the Caribbean, these zones act as accelerators for trade and investment. While many focus on tax rates, tariffs, and regulatory environments to incentivize business development, some models go well beyond to create entirely new institutions within their borders.
In this episode, Ryan C. Berg sits down with Shanker Singham, CEO of the Competere Group, to talk about the role special economic zones play in Central America. Together, they delve into the nuances of different SEZ models, in particular the Zones for Employment and Economic Development (ZEDEs in Spanish) in Honduras. The subject of intense debate within Honduras, Shanker provides insights into the challenges and opportunities the ZEDEs present and how the United States should approach these zones.