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If you give tax incentives for both people and businesses who start somewhere other than a highly desirable place. To the locals who live there as well of cours
by libertine 3y ago
If you give tax incentives for both people and businesses who start somewhere other than a highly desirable place. To the locals who live there as well of course.
I don't think it should be about reducing local desirability, but give the conditions for other places to become more desirable.
- thriftwy 3y agoThere are international migrants as well. How do you make a town in rural Romania or Latvia as desirable and opportunity rich as Zurich? The weather is probably crappier there, for starters.
- somenameforme 3y agoAll you need are business/personal incentives. One extreme example of this is SEZs, Special Economic Zones. You set up a legal structure for region within your territory to be able to offer the sort of benefits one would normally have to seek out tax havens and legal loopholes to achieve. This motivates development and growth in these regions, which drives opportunity and expansion. The Shenzhen SEZ is one extremely successful example. [1] It was established as an SEZ in 1980 when it had fewer than 30k workers. By 2000 it had a labor force over 3 million. The current population (which is predictable difficult to measure given a massive migrant population) may be as high as 14 million. [1] - https://en.wikipedia.org/wiki/Shenzhen_Special_Economic_Zone https://en.wikipedia.org/wiki/Shenzhen_Special_Economic_Zone