The Freeport Experiment

This report seeks to describe the regulatory and tax structure under which the six UK freeports operate, and to trace the general progress that has been made. The experiences of each of the operators are described, in order that lessons can be drawn from the pattern of successes and failures that each has shared. Lastly, the report proposes reforms which might be introduced to increase the attractiveness and success of the existing freeports, and asks whether a 'second generation' of freeports, with slightly different constitutional structures, might be a useful experiment and a commercial success. 

Read the whole paper here.