SMART LEGISLATION

• No forced privatization 

  • Prohibit privatization mandates for civil services as part of loans (e.g. not allowed for hospitals, education, water)

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• Open and non-profit project proposals 

  • Global and open call for bids for infrastructure projects

  • All profits earned from official development projects have to be paid back to the lending financial institution

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• Sustainable aid order

  • Prior to any aid for the industrial or general economic sectors, education, anti-corruption and transportation infrastructure has to be funded and certified to a certain level

  • Any aid for projects has to be tied to full accountability of local recipients and with small incentives for actors depending on success of projects (e.g. community receives more money after school building project has been successfully completed, step wise funding)

  • Income equality between rural and urban areas has to be kept in check with subsidies for rural projects 

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• Planned protectionism

  • Land ownership may be distributed for countries with high percentage of people employed in agriculture (or high unemployment) and low power capacity (e.g. high tech farming equipment) 

  • High tariffs on imported goods may be used to allow for development of local industry

  • Domestic competition may be promoted by subsidizing new ventures in a previously monopolized sector

  • Heavy financial regulation may be employed for early stages to allow only for upgrades in technology and expansion of manufacturing (e.g. prohibit speculation of local banks completely)