What Do Estonia, Hong Kong, the California Gold Rush, Singapore, Disney World, Monaco, and Dubai Have in Common?
November 28, 2016
The answer is peace and prosperity based on economic liberty.
In a new groundbreaking policy brief, regulatory expert Sam Batkins and former White House policy official Dean Clancy reveal that special economic zones like Prosperity Districts are not only possible, they already exist, or have existed, in one form or another, in countries around the world, including the United States.
They examine the places that have united local control with deep free market reform and how their successes have contributed to the Prosperity States Compact model policy.
In this policy report, among many other examples of tremendous economic success, you will learn about how:
U.K. Enterprise Zones secured £2 billion in new investment between 1981 and 1984 and had job and business growth of 11 percent between 2012 and 2015;
Estonia's GDP per capita has increased by 50% in fewer than ten years; and
Singapore's per capita GDP of $2,500 (in 2005 dollars) exploded to $55,000 since 1960.
The Prosperity States Compact simply adopts, consolidates, improves and applies the lessons learned from these experiences in a complete policy package that is deliverable to local communities that want it.