Thank you, Mr. Chair.
Thank you, Professor Romer, for your appearance here today. This information is very interesting.
I was very struck by your description of the legal system in the special zone in Honduras that's mentioned in the letter you provided to us.
We've certainly heard from a number of witnesses through this study about the problems that developing countries have with their legal systems. Corruption in the legal systems tends to hold back the development of their economies. It seems as if you found a solution here.
First, how was the Honduran government convinced to go along with this, to essentially cede sovereignty over the legal system in a specific area of the country to judges and a court of appeal from another country?
Second, with respect to Haiti, we've heard a lot that one of the most significant problems in continuing the recovery from the earthquake and developing the economy is that there is a significant problem with the land title system in Haiti. I wonder if something like this could be a solution to that problem. Could you have an outside organization take over the land title registry system in Haiti and sort it out, so that business can begin to raise money based on mortgages on those properties?
I understand that part of the problem today is that, for every piece of land in Haiti, there are two or three or five people claiming title to it, and that retards the economy because people can't use that as leverage for capital to make investments in business. Maybe you could comment on those things.