Chapter 4 Fighting for Money, Investments and Capacity: Port Governance and Devolution in Belgium

Any economic analysis of seaport activity requires a clear definition of the concept of seaport and an understanding of the institutional context. Policymaking in ports, including Flanders, is largely controlled by an administrative authority. The reason for public authorities' great interest is that ports are of enormous economic significance to the area governed. The degree of involvement and the relevant government level differs among Flemish ports. Port investment projects are financed according to predefined rules, but for specific projects, exceptions are observed. European port policy has a clear impact, although port competition is still prone to competitive distortion.