Friday, September 11, 2009

Paul Romer's radical idea: Charter cities



How can a struggling country break out of poverty if it's trapped in a system of bad rules? Economist Paul Romer unveils a bold idea: "charter cities," city-scale administrative zones governed by a coalition of nations. (Could Guantánamo Bay become the next Hong Kong?)

Totally cool idea, which could be employed in Africa, for instance.

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