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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (52983)8/1/2009 7:54:27 AM
From: Golconda2 Recommendations  Read Replies (2) | Respond to of 218117
 
blogs.ft.com/gapperblog
“Colonial occupiers do not get a good press,”
says Stanford economist Paul Romer. But it’s
time we brought back some of the benefits –
infrastructure and the rule of law, for example
– “without the nasty aspects”. Just as the
Romans brought aqueducts, roads, education
and wine to their colonies, developing
countries today could benefit by partnering
with developed economies. Special economic
zones – or “charter cities” – could then be
established. Hong Kong – run for a time by the
British and then assimilated into China – is a
perfect example of what could be achieved. The city-state’s free-market system,
independent courts and efficient administration became a model for economic
development across China. “Britain inadvertently through its actions in Hong Kong
did more to reduce world poverty than all the aid programmes we have seen
throughout the world,” says Romer. His first suggestion for a zone which could be
developed now is Guantanamo Bay. Cuba could charter Canada to develop the island
on its behalf, “assuming it would not want the United States to do so”.