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    <title>International Policy Network - Critical Opinion</title>
    <link>http://policynetwork.net/blog</link>
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    <language>en</language>
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    <title>Announcing 2011 Bastiat Prize Winners &amp; Hoiles Prize Winners</title>
    <link>http://policynetwork.net/blogs/article/announcing-2011-bastiat-prize-winners-hoiles-prize-winners</link>
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                    &lt;a href=&quot;/individual/ipn&quot;&gt;IPN&lt;/a&gt;        &lt;/div&gt;
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&lt;p&gt;For ten years, IPN&amp;nbsp;has awarded the Basitat Prize for Journalism.&amp;nbsp; &lt;a href=&quot;http://policynetwork.net/bastiat-prize-2011-winners&quot;&gt;This year&#039;s winners&lt;/a&gt; include Tom Easton (The Economist)&amp;nbsp;and Virginia Postrel (Bloomberg columnist) - each received $25,000 and a crystal candlestick.&lt;/p&gt;
&lt;p&gt;The R.C. Hoiles Prize was introduced this year with the generous support of his granddaughter, Pamela Hoiles. &lt;a href=&quot;http://policynetwork.net/2011-hoiles-prize-winner&quot;&gt;Damon Root won $10,000&lt;/a&gt; for articles published in Reason Magazine. &lt;/p&gt;
&lt;p&gt;For further details of finalists and winners, and their winning articles:&lt;/p&gt;
&lt;p&gt;&lt;a href=&quot;http://policynetwork.net/bastiat-prize-2011-winners&quot;&gt;Bastiat Prize Press Release&lt;/a&gt;&lt;/p&gt;
&lt;p&gt;&lt;a href=&quot;http://policynetwork.net/2011-hoiles-prize-winner&quot;&gt;Hoiles Prize Press Release&lt;/a&gt;&lt;/p&gt;

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     <category domain="http://policynetwork.net/category/sites/bastiat-prize">Bastiat Prize</category>
 <category domain="http://policynetwork.net/category/bastiat-prize-year/2011">2011</category>
 <pubDate>Mon, 07 Nov 2011 19:14:25 +0000</pubDate>
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    <title>Tenth Bastiat Prize, New Deadline August 15</title>
    <link>http://policynetwork.net/bastiat-prize-2011-new-deadline</link>
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                    &lt;a href=&quot;/individual/ipn&quot;&gt;IPN&lt;/a&gt;        &lt;/div&gt;
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&lt;p&gt;The deadline for the Tenth Bastiat Prize has been extended to August 15, 2011. Entrants to the Bastiat Prize may also enter the Hoiles&amp;nbsp;Prize, with a top prize of $10,000.&lt;/p&gt;
&lt;p&gt;Tenth Bastiat Prize rules:&amp;nbsp;&lt;a href=&quot;http://www.policynetwork.net/2011-bastiat-prize-rules&quot;&gt;http://www.policynetwork.net/2011-bastiat-prize-rules&lt;/a&gt;&lt;/p&gt;
&lt;p&gt;Hoiles Prize rules: &lt;a href=&quot;http://www.policynetwork.net/2011-hoiles-prize&quot;&gt;http://www.policynetwork.net/2011-hoiles-prize&lt;/a&gt;&lt;/p&gt;
&lt;p&gt;Online entry form for both prizes: &lt;a href=&quot;http://www.policynetwork.net/2011-bastiat-hoiles-entry-form&quot;&gt;http://www.policynetwork.net/2011-bastiat-hoiles-entry-form&lt;/a&gt;&lt;/p&gt;

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     <category domain="http://policynetwork.net/category/sites/bastiat-prize">Bastiat Prize</category>
 <category domain="http://policynetwork.net/category/bastiat-prize-year/2011">2011</category>
 <pubDate>Tue, 26 Jul 2011 12:26:47 +0000</pubDate>
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    <title>Writers - Please Enter Bastiat &amp; Hoiles Prizes</title>
    <link>http://policynetwork.net/blogs/article/writers-please-enter-bastiat-hoiles-prizes</link>
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                    &lt;a href=&quot;/individual/ipn&quot;&gt;IPN&lt;/a&gt;        &lt;/div&gt;
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&lt;p&gt;A change to the competition rules now enables writers to enter both the Bastiat Prize and Hoiles Prize this year. &lt;/p&gt;
&lt;p&gt;Writers who have already submitted their entries to one prize are invited to submit an entry for the other prize.&lt;/p&gt;
&lt;p&gt;Also, the entry deadline for the&amp;nbsp;Hoiles Prize has been extended to August 15, 2011. The background and criteria for this prize are available here: &lt;a href=&quot;http://www.policynetwork.net/2011-hoiles-prize&quot; target=&quot;_blank&quot;&gt;http://www.policynetwork.net/2011-hoiles-prize&lt;/a&gt;&lt;/p&gt;

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     <category domain="http://policynetwork.net/category/bastiat-prize-year/2011">2011</category>
 <pubDate>Mon, 18 Jul 2011 14:01:09 +0000</pubDate>
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  <item>
    <title>New Journalism Prize - the R.C. Hoiles Prize </title>
    <link>http://policynetwork.net/blogs/article/rc-hoiles-prize-regional-journalism</link>
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&lt;p&gt;International Policy Network is pleased to announce the first annual  R.C. Hoiles Prize. The deadline for submissions has been extended to August 15, 2011.&lt;/p&gt;
&lt;p&gt;The $15,000 prize recognizes  journalists addressing policy issues whose writing best reflects  the Freedom Philosophy developed by R. C. Hoiles. Read on for &lt;a href=&quot;http://www.policynetwork.net/2011-hoiles-prize&quot;&gt;more information and competition rules&lt;/a&gt;.&lt;/p&gt;
&lt;p&gt;Entries must be submitted through an online entry form:&amp;nbsp;&lt;a href=&quot;http://www.policynetwork.net/2011-bastiat-hoiles-entry-form&quot;&gt;http://www.policynetwork.net/2011-bastiat-hoiles-entry-form&lt;/a&gt;&lt;/p&gt;

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     <category domain="http://policynetwork.net/category/sub-issues/hoiles-prize">Hoiles Prize</category>
 <pubDate>Mon, 20 Jun 2011 14:38:37 +0000</pubDate>
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    <title>Tenth Bastiat Prize: $70,000 for journalists who support the free society</title>
    <link>http://policynetwork.net/tenth-bastiat-prize-2011</link>
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                    &lt;a href=&quot;/individual/ipn&quot;&gt;IPN&lt;/a&gt;        &lt;/div&gt;
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&lt;p&gt;In celebration of its tenth anniversary, the Bastiat Prize for Journalism this year will have a total prize fund of $70,000, with a First prize of $50,000, Second prize of $15,000 and Third prize of $5,000.&lt;/p&gt;
&lt;p&gt;International Policy Network (IPN) is now accepting submissions for its Tenth Bastiat Prize for Journalism. The Prize is open to writers anywhere in the world whose published articles eloquently and wittily explain, promote and defend the principles and institutions of the free society.&lt;/p&gt;
&lt;p&gt;Submissions must be received on or before August 15, 2011. All submissions must be made through the &lt;a href=&quot;http://www.policynetwork.net/2011-bastiat-hoiles-entry-form&quot;&gt;online entry form&lt;/a&gt;.&lt;/p&gt;
&lt;p&gt;Please note that this year IPN has established a new &lt;a href=&quot;http://www.policynetwork.net/2011-hoiles-prize&quot;&gt;Hoiles Prize&lt;/a&gt; for Regional Journalism and will not be running a separate online prize. Authors of blogs and other online articles are encouraged to enter either the Bastiat Prize or the Hoiles Prize.&lt;/p&gt;
&lt;p&gt;&lt;b&gt;More Information:&lt;/b&gt;&lt;/p&gt;
&lt;p&gt;Rules:&amp;nbsp;&lt;a href=&quot;http://www.policynetwork.net/2011-bastiat-prize-rules&quot;&gt;http://www.policynetwork.net/2011-bastiat-prize-rules&lt;/a&gt;&lt;/p&gt;
&lt;p&gt;Online entry form: &lt;a href=&quot;http://www.policynetwork.net/2011-bastiat-hoiles-entry-form&quot;&gt;http://www.policynetwork.net/2011-bastiat-hoiles-entry-form&lt;/a&gt;&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;

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     <category domain="http://policynetwork.net/category/sites/bastiat-prize">Bastiat Prize</category>
 <category domain="http://policynetwork.net/category/bastiat-prize-year/2011">2011</category>
 <pubDate>Mon, 20 Jun 2011 13:48:20 +0000</pubDate>
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    <title>Stephens, Delingpole win 2010 Bastiat Prizes</title>
    <link>http://policynetwork.net/winners-2010-bastiat-prizes</link>
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                    &lt;a href=&quot;/individual/kendra-okonski&quot;&gt;Kendra Okonski&lt;/a&gt;        &lt;/div&gt;
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&lt;p&gt;Last night at an awards dinner in New York City, Julian Morris announced the winners of the 2010 Bastiat Prize and the 2010 Bastiat Prize for Online Journalism. &lt;a target=&quot;_blank&quot; href=&quot;http://policynetwork.net/sites/default/files/Bastiat-2010-Finalists.pdf&quot;&gt;The ten finalists&#039; articles are available in an online PDF&lt;/a&gt;.&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Bastiat Prize&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;First Place - Bret Stephens, Wall&amp;nbsp;Street Journal&lt;/p&gt;
&lt;p&gt;Second Place (tie) - Tim Harford, Financial Times, and Jamie Whyte, freelance&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Bastiat Prize for Online Journalism&lt;br /&gt;
&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;Winner - James Delingpole, blogger for telegraph.co.uk&lt;/p&gt;
&lt;p&gt;&lt;a target=&quot;_blank&quot; href=&quot;http://blogs.telegraph.co.uk/news/jamesdelingpole/100063360/do-any-of-you-realise-or-even-care-just-how-stuffed-we-are/&quot;&gt;James Delingpole writes&lt;/a&gt;:&amp;nbsp;&lt;/p&gt;
&lt;p&gt;Why does the Bastiat Prize matter so much? Because it&amp;rsquo;s about the only  prize left which celebrates those true journalistic virtues of  scepticism and inquiry which our libtard MSM [mainstream media] has all but abandoned in  its eagerness to suck up to whichever bunch of statist shysters  currently happen to be in power. It&amp;rsquo;s about free markets, about small  government, about liberty.&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;

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     <category domain="http://policynetwork.net/category/sites/bastiat-prize">Bastiat Prize</category>
 <category domain="http://policynetwork.net/category/bastiat-prize-year/2010">2010</category>
 <pubDate>Fri, 12 Nov 2010 14:11:42 +0000</pubDate>
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    <title>IPN Announces 2010 Bastiat Prize Finalists</title>
    <link>http://policynetwork.net/blogs/article/ipn-announces-2010-bastiat-prize-finalists</link>
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                    &lt;a href=&quot;/individual/timothy-cox&quot;&gt;Timothy Cox&lt;/a&gt;        &lt;/div&gt;
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&lt;p style=&quot;text-shadow: none;&quot; class=&quot;MsoNormal&quot;&gt;International Policy Network is pleased to announce the finalists in its &lt;a style=&quot;text-shadow: none;&quot; href=&quot;http://www.policynetwork.net/bastiat-2010-announcement&quot; target=&quot;_blank&quot;&gt;ninth Bastiat Prize for Journalism&lt;/a&gt;. The competition includes one prize awarded for print journalism ($15,000 total prize money), and one prize awarded for online journalism ($3,000 prize money). Winners and runners-up will be announced in early November.&lt;/p&gt;
&lt;p style=&quot;text-shadow: none;&quot; class=&quot;MsoNormal&quot;&gt;&lt;strong&gt;Seven finalists for the print journalism prize are:&lt;/strong&gt;&lt;/p&gt;
&lt;p style=&quot;text-shadow: none;&quot; class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;text-shadow: none;&quot;&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;* Andrew Ferguson, Weekly Standard&lt;/p&gt;
&lt;p style=&quot;text-shadow: none;&quot; class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;text-shadow: none;&quot;&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;* Peter Foster, National Post, Canada (2009 finalist)&lt;/p&gt;
&lt;p style=&quot;text-shadow: none;&quot; class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;text-shadow: none;&quot;&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;* Tim Harford, Financial Times (2006 co-winner)&lt;/p&gt;
&lt;p style=&quot;text-shadow: none;&quot; class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;text-shadow: none;&quot;&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;* Jeff Jacoby, Boston Globe&lt;/p&gt;
&lt;p style=&quot;text-shadow: none;&quot; class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;text-shadow: none;&quot;&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;* Bret Stephens, Wall Street Journal&lt;/p&gt;
&lt;p style=&quot;text-shadow: none;&quot; class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;text-shadow: none;&quot;&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;* Jamie Whyte, freelance (for articles written in The Times and Wall Street Journal; (2006 co-winner)&lt;/p&gt;
&lt;p style=&quot;text-shadow: none;&quot; class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;text-shadow: none;&quot;&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;* Martin Wolf, Financial Times&lt;/p&gt;
&lt;p style=&quot;text-shadow: none;&quot; class=&quot;MsoNormal&quot;&gt;&lt;strong&gt;Three finalists for the online prize are:&lt;/strong&gt;&lt;/p&gt;
&lt;p style=&quot;text-shadow: none;&quot; class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;text-shadow: none;&quot;&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;* James Delingpole, blogger for telegraph.co.uk&lt;/p&gt;
&lt;p style=&quot;text-shadow: none;&quot; class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;text-shadow: none;&quot;&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;* Philip Maymin, columnist, fairfieldweekly.com and lewrockwell.com&lt;/p&gt;
&lt;p style=&quot;text-shadow: none;&quot; class=&quot;MsoNormal&quot;&gt;&lt;span style=&quot;text-shadow: none;&quot;&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;* Mark Perry, Carpe Diem blog / American Enterprise Institute / University of Michigan&lt;/p&gt;
&lt;p style=&quot;text-shadow: none;&quot; class=&quot;MsoNormal&quot;&gt;The Bastiat Prize was first awarded in 2002 and judges have included Lady Thatcher and Nobel-Prize-winners James Buchanan and Milton Friedman. The winner of the Bastiat Prize will receive US$10,000, and the winner of the Bastiat Prize for Online Journalism will receive US$3,000. They will also receive an engraved crystal candlestick - a reference to an essay by Frederic Bastiat entitled &amp;ldquo;A Petition&amp;rdquo;.&lt;/p&gt;
&lt;p style=&quot;text-shadow: none;&quot; class=&quot;MsoNormal&quot;&gt;A list of judges is available on IPN&amp;rsquo;s website: &lt;a style=&quot;text-shadow: none;&quot; href=&quot;http://www.policynetwork.net/bastiat-prize-judges&quot; target=&quot;_blank&quot;&gt;http://www.policynetwork.net/bastiat-prize-judges&lt;/a&gt;&lt;/p&gt;
&lt;p style=&quot;text-shadow: none;&quot; class=&quot;MsoNormal&quot;&gt;For more information, contact Kendra Okonski:&lt;/p&gt;
&lt;p style=&quot;text-shadow: none;&quot; class=&quot;MsoNormal&quot;&gt;bastiatprize |AT| policynetwork.net&lt;/p&gt;
&lt;p style=&quot;text-shadow: none;&quot; class=&quot;MsoNormal&quot;&gt;+4420 3393 8410 (UK), +1 202 379 1906 (US).&lt;/p&gt;
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     <category domain="http://policynetwork.net/category/sites/bastiat-prize">Bastiat Prize</category>
 <category domain="http://policynetwork.net/category/bastiat-prize-year/2010">2010</category>
 <pubDate>Mon, 11 Oct 2010 14:37:02 +0000</pubDate>
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    <title>For anti-colonial rhetoric in Zimbabwe read xenophobia and economic illiteracy</title>
    <link>http://policynetwork.net/blogs/article/anti-colonial-rhetoric-zimbabwe-read-xenophobia-and-economic-illiteracy</link>
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                    &lt;a href=&quot;/individual/stuart-bramwell&quot;&gt;Stuart Bramwell&lt;/a&gt;        &lt;/div&gt;
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&lt;p&gt;It appears that Robert Mugabe is not the &lt;a href=&quot;http://www.policynetwork.net/blogs/article/mugabe-not-%E2%80%9C-west%E2%80%9D-responsible-zimbabwe%E2%80%99s-impoverishment&quot; target=&quot;_blank&quot;&gt;only politician&lt;/a&gt; in Zimbabwe who is willing to use &amp;lsquo;anti-colonialist&amp;rsquo; rhetoric to justify their ruinous policies.&amp;nbsp; &lt;a href=&quot;http://news.bbc.co.uk/today/hi/today/newsid_8997000/8997906.stm&quot; target=&quot;_blank&quot;&gt;Saviour Kasukuwere&lt;/a&gt; - who holds the somewhat Orwellian post of &amp;ldquo;Indigenization Minister&amp;rdquo;- has justified Zanu PF&amp;rsquo;s latest efforts to control foreign owned business ventures as part of a &amp;ldquo;struggle for freedom&amp;rdquo;. The perception that foreign owners are in some way &amp;ldquo;plundering&amp;rdquo; wealth at the expense Zimbabwean people is economically illiterate and only serves the interests of those politicians that stand to gain as a result of forced nationalisation.&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/p&gt;
&lt;p&gt;In reality, as amply demonstrated by&lt;a href=&quot;http://www.policynetwork.net/blogs/article/diamonds-are-not-zimbabwe%E2%80%99s-best-friend&quot; target=&quot;_blank&quot;&gt; Zimbabwe&amp;rsquo;s state-owned diamond industry&lt;/a&gt;, government control of the private sector has led to whole scale plunder of assets.&amp;nbsp; This latest push to deter foreign investment will almost certainly exacerbate this predicament by getting rid of productive sectors.&amp;nbsp; As Roger Bate has recently noted in the &lt;a href=&quot;http://online.wsj.com/article/SB10001424052748703440604575495860128753410.html&quot; target=&quot;_blank&quot;&gt;&lt;em&gt;Wall Street Journal&lt;/em&gt;&lt;/a&gt;, it was precisely such policies that led to Zimbabwe&amp;rsquo;s initial economic collapse. &lt;/p&gt;
&lt;p&gt;Furthermore, the policy of expropriating capital from foreign owned businesses bears more resemblance to racist xenophobic idealism than it does to sound economic planning. Elsewhere in Africa, such as in Botswana, &lt;a href=&quot;http://www.policynetwork.net/blogs/article/kagame-should-heed-development-lessons-mauritius&quot; target=&quot;_blank&quot;&gt;Rwanda&lt;/a&gt; and Mauritius, enormous benefits have ensued from foreign investment and expertise creating jobs, providing services and ultimately contributing to fiscal revenues. Any government that is truly concerned about the material progress and economic welfare of its citizens should be looking to welcome investors with open arms.&lt;/p&gt;
&lt;p&gt;Sadly, in the case of Zimbabwe, politicians remain eager to further their own ends by evoking populist anti-colonial rhetoric.&amp;nbsp; It is time that the world acknowledged that such vocabulary is used to justify policies that should be viewed by the international community with contempt for the harm they will cause to their people.&lt;/p&gt;
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     <category domain="http://policynetwork.net/category/sites/development">Development</category>
 <category domain="http://policynetwork.net/category/geographical/africa">Africa</category>
 <pubDate>Thu, 23 Sep 2010 17:47:05 +0000</pubDate>
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    <title>Bob Geldof is right: investment, rather than aid, is the way forward </title>
    <link>http://policynetwork.net/blogs/article/bob-geldof-right-investment-rather-aid-way-forward</link>
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                    &lt;a href=&quot;/individual/alec-van-gelder&quot;&gt;Alec van Gelder&lt;/a&gt;        &lt;/div&gt;
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&lt;p style=&quot;text-shadow: none;&quot;&gt;&lt;a href=&quot;http://www.ft.com/cms/s/0/2d26dfc4-b6c5-11df-b3dd-00144feabdc0.html?ftcamp=rss&quot; target=&quot;_blank&quot;&gt;Let business and the private sector &lt;/a&gt;do for Africa and Africans what a half-century &lt;a target=&quot;_blank&quot; href=&quot;http://www.telegraph.co.uk/comment/personal-view/7643605/General-Election-2010-The-truth-about-foreign-aid-that-politicians-wont-admit.html&quot; style=&quot;text-shadow: none;&quot;&gt;of aid&lt;/a&gt; and &lt;a target=&quot;_blank&quot; href=&quot;http://www.policynetwork.net/development/publication/aid-and-development&quot; style=&quot;text-shadow: none;&quot;&gt;government ineptitude&lt;/a&gt; could not.&lt;/p&gt;
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     <category domain="http://policynetwork.net/category/sites/development">Development</category>
 <pubDate>Fri, 03 Sep 2010 13:10:24 +0000</pubDate>
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    <title>Lessons for Nigeria’s free-trade zone</title>
    <link>http://policynetwork.net/blogs/article/lessons-nigeria%E2%80%99s-free-trade-zone</link>
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                    &lt;a href=&quot;/individual/alec-van-gelder&quot;&gt;Alec van Gelder&lt;/a&gt;        &lt;/div&gt;
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                    &lt;a href=&quot;/individual/timothy-cox&quot;&gt;Timothy Cox&lt;/a&gt;        &lt;/div&gt;
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&lt;p&gt;The news that &lt;a href=&quot;http://www.reuters.com/article/idUSLDE67U24K20100901&quot; target=&quot;_blank&quot;&gt;China and Nigeria are partnering&lt;/a&gt; to form a 16,500 hectare free trade zone near Lagos could be a boon for potential investors and the Nigerian economy.&amp;nbsp; But, the devil lies in the details: success depends on implementation.&amp;nbsp; Similar &amp;ldquo;free trade&amp;rdquo; or &amp;ldquo;enterprise&amp;rdquo; zones have been tried before and have &lt;a href=&quot;http://www.ilo.org/public/libdoc/ilo/2007/107B09_80_engl.pdf&quot; target=&quot;_blank&quot;&gt;produced mixed results&lt;/a&gt;. Nigeria can look across Africa to the Mauritian experience to see that trading zones are not a &amp;ldquo;silver-bullet&amp;rdquo; but they can help promote lasting change if other pro-growth policies are pursued.&lt;/p&gt;
&lt;p&gt;The idea in Nigeria is to create a free trade area that will allow foreign businesses to invest in Nigeria by circumventing the wide array of existing government imposed barriers. The need for a streamlined system of investment in Nigeria cannot be overstated. &lt;a href=&quot;http://www.doingbusiness.org/economyrankings/&quot; target=&quot;_blank&quot;&gt;The World Bank reports&lt;/a&gt; that it currently takes over a month to satisfy the eight procedures in order to start a business at a cost of three quarters of a year&amp;rsquo;s average wages. In the new free trade zone this procedure is expected to &lt;a href=&quot;http://www.reuters.com/article/idUSLDE67U24K20100901&quot; target=&quot;_blank&quot;&gt;take less than a week. &lt;/a&gt;&lt;/p&gt;
&lt;p&gt;A similar country-wide Export Processing Zone was launched in Mauritius in 1970, allowing traders to import duty-free &amp;ldquo;inputs&amp;rdquo; (e.g. products used in exports) to circumvent vertiginous tariff barriers that crippled the rest of the economy. Yet success for the EPZs in Mauritius did not come until further liberalisation took place almost a decade later. A series of economic reforms launched in the late 1970&amp;rsquo;s, including reducing (eventually abolishing) the minimum wage (which had contributed to record levels of unemployment in the 1970s) and simplifying import licensing restrictions enabled the EPZ firms to develop and prosper, along with the wider economy. Since the mid 1980s the volume of imports and exports has grown, on average, by 8.7 per cent and 5.4 per cent respectively each year.&amp;nbsp; At its peak, in 1999, EPZ firms contributed 12.5 per cent to total GDP and accounted for up to 75 per cent of all exports.&amp;nbsp; And yet even these figures still do not fully account for the value of investment, migration and trade in goods and services that Mauritius&amp;rsquo; EPZ garnered for the country&amp;rsquo;s wider economy.&lt;/p&gt;
&lt;p&gt;The underlying point, that the government must listen to the needs of its businesses and investors, was essential to overcoming initial difficulties for the EPZs in Mauritius.&amp;nbsp; The original reforms in 1970 needed to be bolstered by further reforms, which have helped the EPZs and the wider economy boom.&amp;nbsp; This is essential to the success of the Nigerian experiment. Nigerian politicians should abandon their historical scepticism towards trade and allow their businesses and consumers to enjoy the expertise, investment and opportunities that opening up to the global economy will bring.&amp;nbsp; &lt;/p&gt;
&lt;p&gt;A free trade island surrounded by a fortress of protectionism is a good start.&amp;nbsp; Let&amp;rsquo;s hope the free trade zone provides a beacon for the reforms so badly needed across the economy at large.&lt;/p&gt;
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