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[Gulf free zones are not only embedded in complex flows of global capital but are also shaped by competing interests of states operating in the international arena. While there are instances of cooperative engagement among free zones in the Gulf, they also play a part in regional competition. This competition unfolds on multiple levels: through free zone development and associated spheres of economic autonomy, among free zones within a given emirate or state, and between free zones in different Gulf polities. Varying levels of access to state resources can provide a commercial edge in the value propositions needed to attract firm registrations. GCC rifts and Iranian involvement in the region have posed more serious challenges for free zone systems in the Gulf.]
Published: Apr 14, 2021
Keywords: Competition; Rift; Regionalization; Iran; Gulf Cooperation Council (GCC)
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