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Charter City (economic Development)
A charter city is a type of city in which a guarantor from a developed country would create a city within a developing host country. The guarantor would administer the region, with the power to create their own laws, judiciary, and immigration policies outside of the control of the host country. Charter cities were first proposed by economist Paul Romer in a 2009 TED talk. According to Romer, international charter cities would be a benefit to citizens by giving them an additional option about what system of economic policies they want to live under. In his vision, charter cities would adopt more pro-business policies than the host country, including lower taxes, fewer regulations, and protection of property rights, which would encourage international investment. Romer gives Hong Kong as an example, which he argues encouraged economic growth.Concept [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul Romer
Paul Michael Romer (born November 6, 1955) is an American economist and policy entrepreneur who is a Seidner University Professor in Finance at Boston College. Romer is best known as the former Chief Economist of the World Bank and for co-receiving the 2018 Nobel Memorial Prize in Economic Sciences (shared with William Nordhaus) for his work in endogenous growth theory. He also coined the term " mathiness," which he describes as misuse of mathematics in economic research. Before joining Boston College, Romer was a professor at NYU, the University of Chicago, the University of California, Berkeley, Stanford University's Graduate School of Business, and the University of Rochester. Romer was chief economist and senior vice president of the World Bank until he resigned in January 2018 following a controversy arising from his claim of possible political manipulation of Chile's "ease of doing business" ranking. Romer took leave from his position as professor of economics ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iyinoluwa Aboyeji
Iyinoluwa Samuel Aboyeji (born March 28, 1991) is a Nigerian entrepreneur. He is the co-founder of Andela, and the former managing director of Flutterwave. Aboyeji was cited as one of the Top 100 most influential Africans by ''New African'' magazine in 2019. Education Aboyeji attended Loyola Jesuit College, where he completed his senior secondary in 2007. Afterward, he went to Columbia International College and earned a bachelor's degree in international and legal studies and international development from the University of Waterloo and St. Jerome's University. Career Aboyeji co-founded Andela, a global job placement network for software developers in 2014. In 2016, he cofounded Flutterwave, Africa's leading payments technology company. Aboyeji is currently the general partner and co-founder of Future Africa, a platform that provides capital, coaching and community for mission-driven innovators. He has also worked as an advisor at Africa Angels Network (now CRE VC), which is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Urban Enterprise Zone
An urban enterprise zone is an area in which policies to encourage economic growth and development are implemented. Urban enterprise zone policies generally offer tax concessions, infrastructure incentives, and reduced regulations to attract investments and private companies into the zones. They are a type of special economic zone where companies can locate free of certain local, state, and federal taxes and restrictions. Urban enterprise zones are intended to encourage development in deprived neighborhoods through tax and regulatory relief to entrepreneurs and investors who launch businesses in the area. They are common in the United Kingdom and the United States. In other countries, regions with similar economic policies are often referred as export-procession zones, tax and duty-free zones, and special economic zones (SEZs) most predominantly present in China and India. History The 1970s witnessed a shift in city planning, leaving behind post-war Keynesian policies and entering ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zone For Employment And Economic Development (Honduras)
A Zone for Employment and Economic Development (Spanish: ''Zonas de empleo y desarrollo económico'', or ZEDE, colloquially called a model city) is a type of administrative division in Honduras that provides a high level of autonomy, with its own civil code, while still subject to the criminal code of the Honduras government. ZEDE cities were planned in conjunction with Nobel Laureate Paul Romer to attract investment in currently uninhabited parts of the country, or in municipalities that agree to be converted into ZEDE zones. Every zone was to be governed by a technical secretary, elected by a committee appointed by the president of Honduras. ZEDEs were inspired by free trade zones in China (Hong Kong, Macao, Shenzhen, Shanghai), South Korea ( IFEZ), Singapore and in part the Free Private City model. ZEDEs originated in the government of Porfirio Lobo Sosa; the first draft of the law was in 2011, but the necessary legislation was not passed until 2013. The ensuing Juan Orlando ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Micronation
A micronation is a polity, political entity whose representatives claim that they belong to an independent nation or sovereign state, but which lacks legal recognition by any sovereign state. Micronations are classified separately from list of states with limited recognition, de facto states and quasi-states; they are also not considered to be autonomous administrative division, autonomous or self-governance, self-governing as they lack the legal basis in international law for their existence. The activities of micronations are almost always trivial enough to be ignored rather than disputed by the established nations whose territory they claim—referred to in micronationalism as ''macronations''. Several micronations have issued coins, flags of micronations, flags, postage stamps, Fantasy passport, passports, medals and other state-related items, some as a source of revenue. Motivations for the creation of micronations include theoretical experimentation, political protest, ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rwanda Development Board
Rwanda Development Board (RDB), is a government department that integrates all government agencies responsible for the attraction, retention and facilitation of investments in the national economy. Overview The Rwanda Development Board (RDB) was established in 2009 to coordinate, spur and promote national economic development. RDB includes agencies responsible for "business registration, investment promotion, environmental clearances, privatization and specialist agencies which support the priority sectors of ICT and tourism as well as SMEs and human capacity development in the private sector". The executive director is a cabinet-level position and the incumbent is appointed by and reports directly to the president of Rwanda. RDB measures its achievements in (a) direct foreign and domestic investments, (b) increased exports and (c) number of jobs created. Visit Rwanda sponsorship In May 2018, Arsenal announced Visit Rwanda as the club's first official shirt sleeve sponsor and th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zanzibar
Zanzibar is a Tanzanian archipelago off the coast of East Africa. It is located in the Indian Ocean, and consists of many small Island, islands and two large ones: Unguja (the main island, referred to informally as Zanzibar) and Pemba Island. The capital is Zanzibar City, located on the island of Unguja. Its historic centre, Stone Town, is a World Heritage Site. Zanzibar is also a Autonomous administrative divisions, semi-autonomous region that united with Tanganyika (1961–1964), Tanganyika in 1964, and formed the present-day Tanzania, United Republic of Tanzania. The archipelago's main Industry (economics), industries are spices, raffia palm, raffia, and tourism. The main spices produced are clove, nutmeg, cinnamon, coconut, and black pepper. The Zanzibar Archipelago, together with Tanzania's Mafia Island, are sometimes referred to locally as the "Spice Islands". Tourism in Zanzibar is a more recent activity, driven by government promotion that caused an increase from 19,000 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
African School Of Economics
The African School of Economics (ASE) is a private university headquartered in Abomey-Calavi (near Cotonou), Republic of Benin. Currently (2024), its West Africa Hub has campuses in Abidjan, Ivory Coast; and Abuja, Nigeria. The East Africa, East and Southern Africa Hub features campuses in Zambia and Zanzibar, Tanzania. ASE offers several degrees in Undergraduate education, Undergraduate and Postgraduate education, Postgraduate programmes all across its campuses. It is the expansion of the Institute for Empirical Research in Political Economy (IERPE, IREEP in French), founded in 2004, into a full-fledged pan-African university. Faculty members come from top universities in the US, Canada and Europe. History The school is a continuation of the success of the Institute of Empirical Research in Political Economy IERPE founded by Leonard Wantchekon in 2004 in Cotonou, Benin. A nonprofit training and research initiative in Political Economy and Applied Statistics, IERPE provides exper ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
