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Technologies, Rules, and Progress: The Case for Charter Cities

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  • Paul Romer

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Abstract

The principal constraint to raising living standards in this century will come neither from scarce resources nor limited technologies. Rather it will come from our limited capacity to discover and implement new rules—new ideas about how to structure interactions among people, such as land titles, patents, and social norms. The central task of reducing global poverty is to find ways for developing countries to adopt new rules that are known to work better than the ones they have. [CGD Essay].

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Bibliographic Info

Paper provided by eSocialSciences in its series Working Papers with number id:2471.

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Date of creation: Apr 2010
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Handle: RePEc:ess:wpaper:id:2471

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Keywords: technologoes; social norms; global poverty; Hong Kong; Mexico City; economies; living standards; scarce resources; patents; developing countries;

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  1. Reyerson, Kathryn, 2006. "Institutions and the Path to the Modern Economy: Lessons from Medieval Trade. By Avner Greif. Cambridge: Cambridge University Press, 2006. Pp. xix, 503. $34.99, paper," The Journal of Economic History, Cambridge University Press, vol. 66(04), pages 1080-1081, December.
  2. Charles I. Jones & Paul M. Romer, 2010. "The New Kaldor Facts: Ideas, Institutions, Population, and Human Capital," American Economic Journal: Macroeconomics, American Economic Association, vol. 2(1), pages 224-45, January.
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Cited by:
  1. Bruno Frey, 2013. "European unification: a new proposal," Constitutional Political Economy, Springer, vol. 24(4), pages 285-294, December.
  2. Mo, Pak Hung, 2011. "International Human Trafficking: Theory and Solution," MPRA Paper 35104, University Library of Munich, Germany, revised Nov 2011.

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