Posts tagged libertarianism
Próspera, Honduras: A Controversial Experiment in Corporate Governance

Próspera, Honduras is a Zone for Employment and Economic Development, aimed at attracting investment and helping develop the nation. Since its creation, it has been governed by a U.S.-based company, Honduras Próspera Inc., which has implemented low tax rates, with aims to become a haven for deregulated business. In recent years, the zone has been criticized for undermining the sovereignty of the Honduran state, and the two are locked in a legal battle to determine the constitutionality of these special zones.

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