Friday, February 10, 2012
"Tale of two small countries"
Here's a hint. It wasn't luck.
Funny how certain policies work, and others don't...
Funny how certain policies work, and others don't...
At WashingtonTimes.com, Richard W. Rahn anwers this question:
"Back in the early 1970s, Cayman was as poor on a per capita basis as is Belize today. Both countries had ambitions to be tourist and financial centers. Cayman succeeded and has about six times the real per capita income of Belize. What did Cayman do right and Belize do wrong?"
