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Can You Invent a City?

The cities would remain Honduran but would enjoy a high degree of autonomy. They would be governed through charters made up of tried-and-tested political, economic and social regulations gleaned from around the world. Partner nations would provide guidance and oversight on troublesome issues like law enforcement and the courts.

For example, the Honduran judicial system is widely viewed as slow and corrupt, a factor that concerns foreign investors. To provide legal stability, the island nation of Mauritius has agreed to allow its Supreme Court to serve as the court of appeals for a future Honduran charter city.

Another proposal is to ban physical currency in the new cities and rely on debit cards and electronic payments to reduce crime and corruption. It sounds radical, but Nigeria has already placed limits on bank withdrawals and deposits to discourage cash transactions in Lagos, Abuja and other cities….