Financial Times on Stern Consulting Corps

One group of students, for instance, worked on a business plan for a city that is being developed in Honduras. Because the city is a new concept, the business plan will have a direct effect on policy decisions in the country.

The students, under the supervision of Professor Paul Romer who heads the Urbanization Project, a research centre at Stern that focuses on urban growth and governance in the developing world, spent the semester devising potential scenarios for the city, such as population growth models and potential financial rules and regulations, as well as working up infrastructure estimates and writing policy briefs. Some of their findings were presented in a meeting Prof Romer had with Octavio Sánchez, chief of staff to the Honduran president.