EuroEconomica, Vol 19, No 2 (2007)

Objectives, advantages and efficacity of economic free zones (EFZs)

Romeo Ionescu


The paper deals with the importance and the influence of the free economic zones in world economy. For the beginning, we speak about the elements, the organisation and the characteristics of the free economic zones.
Another aspect of this paper deals with the elements which determined the interest of the great companies in free economic zones.
In order to realise a complete analyse of the free economic zones, we realised a comparative analysis of the advantages and economic efficiency of these zones. As a result, we analysed the disadvantages of these zones too.
The last part of the paper deals with the actual developments of the concept of free economic zones. The paper used interesting examples from the Romanian economy and from Romanian specific legislation.


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