Type of free trade zone (FTZ), set up generally in developing countries by their governments to promote industrial and commercial exports. In addition to providing the benefits of a FTZ, these zones offer other incentives such as exemptions from certain taxes and business regulations. Also called development economic zone or special economic zone.
It was developed in 1963 by John Friedmann. The core periphery model shows spatially how economic, political, and cultural authority is dispersed in core or dominant regions and the surrounding peripheral and semi-peripheral regions.
