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Paul Romer:
Why the world needs charter cities

TEDGlobal 2009 · 18:29 · Filmed Jul 2009

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?)

New-growth economist
Paul Romer is developing a radical new model of growth and governance, which calls for the establishment of city-scale special administrative zones. Full bio