They can effectively promote economic growth in peripheral coastal areas currently lagging behind.
They can become hubs for business innovation whose positive externalities extend beyond the freeport area.
Most of the jobs they create are of an unskilled nature.
Most of the jobs they attract are relocation jobs from other regions.
They can become a hub for illegal activities, such as tax evasion, illegal drug trade, human trafficking or money laundering.
The tax benefits they receive can push the EU to impose anti-subsidy duties on the country hosting them.
Total votes: 19
Learning objectives:
Understanding the meaning of a freeport.
Understanding the types of freeports.
Understanding the budgetary cost of freeports.
Understanding the EU restrictions and exceptions on freeports.
Understanding the impact of freeports on local jobs and wages.
Presentation videos: