Why the World Needs Charter Cities

Explore economist Paul Romer's bold proposal for "charter cities" in this 20-minute TED Talk. Discover how city-scale administrative zones governed by a coalition of nations could potentially break the cycle of poverty in struggling countries trapped in systems of bad rules. Learn about this innovative approach to economic development and governance, which draws parallels to successful models like Hong Kong. Gain insights into how such charter cities could foster growth, improve living standards, and create new opportunities for millions of people worldwide.