Paul Romer:
Why the world needs charter cities

TEDGlobal 2009 · 18:29 · Filmed Jul 2009
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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?)

Chief Economist and Senior Vice President, World Bank
Paul Romer's research on catch-up growth in low- and middle-income countries has emphasized the importance of government policies that encourage orderly urban expansion. Full bio
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