EPZs Flashcards
what are EPZs
geographic area where goods may be landed, stored, handled, manufactured, or reconfigured and re-exported under specific customs regulation and generally not subject to customs duty
how many EPZs does Mexico have?
107
what are most of Mexico’s EPZs?
maquiladora assembly plants
where are maquiladora plants clustered around?
border cities such as Tijuana, Ciudad Juarez and Matamores
What are EPZs seen as (+)
vehicles of globalisation
what does it promote?
FDI from core to Periphery countires
what does FDI from core to periphery countries help?
stimulate economic development - peripheral nations can diversify their economy away from primary productions so they are less viable to market volatility
what does FDI stand for?
Foreign direct investment
however what do EPZs mean for workers?
trapped in low-wage and low-skill jobs
what keeps wages down?
abundant supply of available labour
who makes up the majority of the workforce?
women
what do women suffer from in the workplace?
long-working hours, low wages, no social welfare facilities (child care) and arduous nature of work
women are vulnerable and unable to what?
speak out against sexual harassment from male colleagues
what do EPZ stand for?
Export Processing Zones
