IDEAS home Printed from https://ideas.repec.org/a/eee/marpol/v34y2010i3p487-494.html
   My bibliography  Save this article

The stamp of neoliberalism on the UK tonnage tax and the implications for British seafaring

Author

Listed:
  • Gekara, Victor Oyaro

Abstract

In 2000 the UK adopted a tonnage tax strategy on ships and related businesses as the main strategy for revitalising its declining shipping industry. In line with EU policy on shipping, UK registered shipping companies were offered fiscal incentives based on reduced corporation taxes while labour was offered support for training. Almost a decade since the introduction of the tax it is clear that the strategy has delivered for business but not for labour. This paper considers the nature and limits of state intervention per se in declining economic sectors in the context of globalisation and a neoliberal approach to governance. It concludes that the problem is often not state intervention but rather the form of intervention, namely one that panders to, and is constrained by, neoliberalism.

Suggested Citation

  • Gekara, Victor Oyaro, 2010. "The stamp of neoliberalism on the UK tonnage tax and the implications for British seafaring," Marine Policy, Elsevier, vol. 34(3), pages 487-494, May.
  • Handle: RePEc:eee:marpol:v:34:y:2010:i:3:p:487-494
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0308-597X(09)00165-1
    Download Restriction: Full text for ScienceDirect subscribers only

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yang, Yi-Chih, 2014. "Effect of shipping aid policies on the competitive advantage of national flagged fleets: Comparison of Taiwan, Korea and Japan," Transport Policy, Elsevier, vol. 35(C), pages 1-9.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:marpol:v:34:y:2010:i:3:p:487-494. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dana Niculescu). General contact details of provider: http://www.elsevier.com/locate/marpol .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.