Quest for a charter city as solution to poverty brings economist Romer to Honduras
For the past couple of years, economist Paul Romer has been hopscotching the globe looking for a country desperate enough to try his audacious notion: Start a new "charter city," an enclave free of old laws and practices.
He thinks he's found the perfect place to build a city that could be as prosperous as Hong Kong or China's Shenzhen: Honduras.
A bold, new economic solution to poverty -- creating a charter city from scratch -- could be on the cards.
Original source: Wall Street Journal