Professor Paul Romer Discusses Charter Cities With Octavio Sanchez of Honduras
The political crisis [in Honduras] forced my government to do things that haven’t been done before.
On April 20, the NYU Stern Latin American Business Association (LABA) held its third annual conference, “The Latin American Decade: Emerging Challenges and New Opportunities.” The conference closed with a fireside chat, titled, “Using Reform Zones to Change Norms and Law,” with Professor Paul Romer and Octavio Sanchez, the Chief of Staff to the President of Honduras. The two speakers discussed Professor Romer’s charter city concept and the economic and political climate in Honduras.Professor Romer drew a parallel between charter cities and entrepreneurial ventures: “Start-ups are more willing to make bold moves than established corporations.”
Octavio Sanchez discussed the Honduran political environment: “The political crisis [in Honduras] forced my government to do things that haven’t been done before.”