Honduras update

November 10, 2012

We reviewed the challenges of jump-starting economic growth in poor countries a while back,  including Paul Romer‘s efforts in Honduras.  Here’s a wonderful podcast from NPR’s Planet Money with quotes from the principals.  And here’s Paul’s TED talk.  The bottom line, I think, is that it’s incredibly difficult to overcome bad institutions:  a corrupt system has many ways to resist reform.  And Honduras is still an incredibly poor country.

If you find this interesting, Paul teaches a course on related topics in our MBA program every spring.  Syllabus here.

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