Posted by: Terri | February 14, 2011

Honduras

This country is spunky!

They will probably be passing laws to set up some “model” cities with free market reforms as a test to see how it will work there.

The germination of model cities for Honduras started in Honduras. The reason is not hard to discern. Reformers have spent years trying to liberalize the economy only to be thwarted by special interests.

As Mr. Sánchez, who also worked in the government of President Ricardo Maduro (2002-06), puts it: “For me, for a very long time, it has been obvious that with the current system, we are going nowhere.” The young lawyer says that almost a decade ago he began thinking about whether it would be possible to designate a small place where all the pro-market reforms would be law. He had no doubt that such a zone would grow fast and that the ideas behind it would spread.

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