What the British empire did for global development

What have the Romans ever done for us? is the rhetorical question posed by the rabble-rouser Reg in Monty Python’s Life of Brian, to which the reply comes from his audience: aqueducts, roads, education, wine, peace etc.

Colonial occupiers do not get a good press, rightly in many ways, but they often bring infrastructure and other benefits such as the rule of law to colonised countries.

Paul Romer, a Stanford economist, wants to bring back some of the benefits of colonisation without the nasty aspects. He believes developing countries should partner with developed ones to create special economic zones – or “charter cities” – as a means of boosting local economic development.

Prof Romer made the argument at TED Global this morning that developing countries should create their own equivalents of Hong Kong, the city state run for a time by the British and then assumed into China.

Hong Kong, with its free market system, independent courts and efficient administration became a model for economic development across China, he argued.

“Britain inadvertently through its actions in Hong Kong did more to reduce world poverty than all the aid programmes we have seen throughout the world,” he said.

Prof Romer’s first suggestion for a zone which could be developed on behalf of, or in partnership with, a poor country? Guantanamo Bay, which he suggests Cuba could charter Canada to develop on its behalf, assuming it would not want the United States to do so.

Business blog

Strategy & managing

About this blog Blog guide
This blog is mainly about business and strategy and how and why people who run companies take the decisions that they do.

Most of the time, John Gapper is in New York and Andrew Hill is in London. We occasionally debate business issues between us, but your comments and criticism are welcome.




To comment, please register for free with FT.com and read our policy on submitting comments.

All posts are published in UK time.

Contact andrew.hill@ft.com or john.gapper@ft.com about the Business blog.

See the full list of FT blogs.

About John and Andrew

John Gapper is an associate editor and the chief business commentator of the FT. He has worked for the FT since 1987, covering labour relations, banking and the media. He is co-author, with Nicholas Denton, of All That Glitters, an account of the collapse of Barings in 1995.

Andrew Hill is an associate editor and the management editor of the FT. He is a former City editor, financial editor, comment and analysis editor, New York bureau chief, foreign news editor and correspondent in Brussels and Milan.

Archive

« Jun Sep »July 2009
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031