Status

Gothenburg in Sweden once boasted the world's largest shipyards, but in the face of Japanese and Korean competition, the oil crisis and a world economic downturn, the city was brought to its knees in the 1980s, with 5 kms of empty dockland and 20 thousand people without jobs. So far, so very like the Clyde.But though shipbuilding was down, Gothenburg was not out.The City Council bought the...