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Freeport Prestwick : behind the decision

Walker, Jim (1984) Freeport Prestwick : behind the decision. Quarterly Economic Commentary, 9 (3). pp. 70-71. ISSN 0306-7866

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Abstract

On the 2nd February 1981 the Treasury, announced Britain's first six freeport sites. These, i t was claimed, represented a "geographical mix with a spread of airports and seaports which would enable the five year experiment to be properly tested." Thus ended more than a year of debate, applications and assessment within government and the forty-five bodies who applied for freeport status. The result, however, was much more than a victory for the 'chosen six - Belfast, Prestwick, Liverpool, Birmingham, Cardiff and Southampton - it was also a victory for political expedience over economic experience and sense. This brief contribution examines the rationale behind the decision and its prospects.

Item type: Article
ID code: 51582
Keywords: Prestwick Airport, freeports, UK economic development, Scottish economy, exchange rate stability, aviation industry in Scotland, Industries. Land use. Labor, Commerce, Business, Management and Accounting (miscellaneous)
Subjects: Social Sciences > Industries. Land use. Labor
Social Sciences > Commerce
Department: Strathclyde Business School > Fraser of Allander Institute
Depositing user: Pure Administrator
Date deposited: 11 Feb 2015 10:57
Last modified: 23 Apr 2019 03:01
Related URLs:
URI: https://strathprints.strath.ac.uk/id/eprint/51582
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