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Free Economic Zones in Latin America

At least four countries in Latin America have implemented special economic zones designed to encourage development. These special zones with favorable economic liberties can be found in Chile, Brazil, Argentina, and more recently Honduras. In February of 2011, the legislature of Honduras created the legal framework to initiate special zones intended to be largely autonomous,…

Economic Zones in Honduras

In 2009 the country removed then President, Manuel Zelaya, from power for attempting an unconstitutional takeover inspired by the support of leftist Hugo Chavez in Venezuela. In February, the country’s legislature moved to implement special economic zones with the hopes of creating a framework which would allow for growth which would eventually mimic the unqualified…