Neat! I’d love to see Hamburg and Lubeck return to their former glories—but there is a wrinkle comparing China of 1970/1980s to Europe of today.
China in 1980s, Singapore in the 1960s, and to a lesser extend Dubai in 90s, is that they are desperate in a way that the Europeans are not. And they have taken advantages of having either a vast pool of exploitable cheap labor in its hinterland, or exceedingly liberal immigration policies (Will the Europeans of today want this?). SEZs cannot be cutoff from the mother country/host country, and I suspect Europeans are just not desperate enough to make a gamble like this.
Neat! I’d love to see Hamburg and Lubeck return to their former glories—but there is a wrinkle comparing China of 1970/1980s to Europe of today.
China in 1980s, Singapore in the 1960s, and to a lesser extend Dubai in 90s, is that they are desperate in a way that the Europeans are not. And they have taken advantages of having either a vast pool of
exploitablecheap labor in its hinterland, or exceedingly liberal immigration policies (Will the Europeans of today want this?). SEZs cannot be cutoff from the mother country/host country, and I suspect Europeans are just not desperate enough to make a gamble like this.