On Monday, March 15, The Center for Global Development hosted a discussion on A New Way to Promote Economic Growth: Charter Cities featuring Paul Romer, Senior Fellow, Stanford Center for International Development (SCID) and Stanford Institute for Economic Policy Research (SIEPR) and Non-Resident Fellow, Center for Global Development. As one of the leading growth economists of our time, Romer discussed his idea for a profoundly new way to reduce poverty in the developing world: chartering new cities to create centers of growth and prosperity within developing countries. These cities let people voluntarily move to a place with rules that provide security, economic opportunity, and improved quality of life. Charter cities give leaders more options for improving governance and investors more opportunities to finance socially beneficial infrastructure projects. They also harness the forces that have been among the most successful at reducing poverty in developing countries over the past few decades. Nancy Birdsall, President, Center for Global Development, moderated this talk.
Watch Romer's TED Talk on charter cities.
Read Technologies, Rules, and Progress: The Case for Charter Cities (pdf)
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