Evaluating the Impact of Participatory Budgeting on Special Economic Zone Project Implementation

This study fills a significant research vacuum by examining the effects of Participatory Budgeting (PB) on projects inside Special Economic Zones (SEZs). The study first establishes the legitimacy of PB by highlighting its widespread recognition since its founding in 1989 and its support by powerful institutions such as the World Bank and the United Nations. Citing examples from China and Kenya, the study places the importance of SEZs in context by highlighting their critical role in economic development. It acknowledges the intricacy of the dynamics involved in decision-making in SEZ projects with various stakeholders. It points out the need for more systematic evaluations of how PB affects these procedures. The review of the literature investigates how PB might enhance inclusiveness, openness, and innovative problem-solving in SEZ decision-making. It recognizes the advantages and draws attention to drawbacks like drawn-out decision-making procedures and resistance to change. In assessing the effectiveness of PB in SEZ frameworks, the review highlights the significance of stakeholder perceptions, including those of local communities, investors, and governmental bodies. Achieving equilibrium between these disparate viewpoints is considered essential for successful integration.