Re:Belarus to create a regulatory environment for circulatio...
by cies on Friday December 22, 2017 @09:29AM
(#15987652)
> You literally picked three free trading economies
Yes! Protective econ policy does not mean to close borders. It means to open/close when it makes domestic sense. And I'm not talking about their policy today, I mean their policy over the years of working their way out of poverty.
You literally picked three free trading economies [1], each highly reliant on foreign investment. Hong Kong was explicitly established as a free trading nexus for London and China. The IMF has for years been asking Hong Kong to increase regulation [2].
In contrast to Belarus, you also picked at least two countries which have defined themselves, in large part, around a respect for the rule of law.
[1] http://www.columbia.edu/~ap2231/ET/et27-june01.htm
[2] http://www.imf.org/en/News/Articles/2017/11/29/ms112917-chin...