INTERNATIONAL MONETARY FUND

Will Paul Romer's Bold Ideas Save The Global Economy?

Many commentators are hopeful that Paul Romer will help usher in a new era for the global economy. Known for his work on the endogenous growth theory, he has demonstrated a deep interest in tackling poverty and inequality by giving more importance to investments in human capital, innovation, and knowledge. But, what thrills me most of all is his brilliant idea of “Charter Cities”.