Paul Romer: World’s first charter city TED2011

Honduras is looking at a way to allow its people, or those who want to, to “go to the USA” without leaving Honduras.

The wealth produced by a city is far greater than the cost of building one.

Both Singapore and South Korea are in the city building business. They can put up a full city in a few years, once regulatory approval is granted.

A charter city is a special administrative zone whose rules/laws are determined by the charter. They might operate under US law, though not, perhaps, US jurisdiction.


Posted on August 18, 2011, in Uncategorized and tagged . Bookmark the permalink. Leave a comment.

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