3 ms·
Your arguments are against the current development model not against charter cities. The problem with the present arrangement is that western powers are not in
by jernfrost 10y ago
Your arguments are against the current development model not against charter cities.
The problem with the present arrangement is that western powers are not in charge, they merely give the money. This is causing the dependency you speak of. They are trying to solve the development problem merely with money. That fails for exactly the reasons you quote.
A charter city doesn't need to offer money. The idea of a charter city isn't about pouring money into a foreign country it is about offering western quality rule and regulations. Hong Kong was not an expense for Britain. It was an income. Hong Kong did not prosper because Britain poured money into it but because Britain ran it.
That is a big difference. People would not depend on charity, funds or resources from the charter city because it would not provide any of that. It would only provide the rule of law and uncorrupt government without red tape. That means people can go to the charter city to start a business without being tied down. You know in your average developing country setting up just a simple bakery legally requires over a hundred days of full time work dealing with bureaucracy. That is no joke, you can read Peruvian economist Hernando de Soto about the subject.