In name only: Are free trade zones assisting capitalism or criminals and crony capitalists?

Article Highlights

  • One universal when it comes to the trade of counterfeit products through #FTZs is 50-90% of all international fakes originate in China.

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  • The worst #FTZs are not run by legitimate administrators but by mafia kings – some even finance terror groups like Hezbollah.

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  • The corruption in many #FTZs is ironic because corruption kills economic freedom in the very areas designated to protect and nurture it.

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Poisoning markets, poisoning babies: Confronting the Chinese counterfeit industry from American Enterprise Institute on Vimeo.

In Name Only by American Enterprise Institute

 

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About the Author

 

Roger
Bate
  • Roger Bate is an economist who researches international health policy, with a particular focus on tropical disease and substandard and counterfeit medicines. He also writes on general development policy in Asia and Africa. He writes regularly for AEI's Health Policy Outlook.
  • Phone: 202-828-6029
    Email: rbate@aei.org
  • Assistant Info

    Name: Katherine Earle
    Phone: (202) 862-5872
    Email: katherine.earle@aei.org

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