the.com/special economic zone
a country cosplaying capitalism inside its own borders, taxes optional.
means a designated area where a government suspends its usual laws, taxes, and tariffs to lure foreign investment and manufacturing.
from the modern template traces to shenzhen, china in 1980 — a fishing village deng xiaoping picked to test whether markets could coexist with communism, without letting the experiment touch the rest of the country.
shenzhen then vs nowfishing village to 17 million people in 40 years
global countover 5000 zones exist in 147 countries
tax dealssome offer zero corporate tax for a decade
honduras experimentzedes let private companies write their own laws
for instance
dubai jebel ali — middle east's largest port free zone since 1985
shannon free zone — ireland's 1959 airport zone, the original modern seed