The Economy of Puerto Rico

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Author :
Publisher : Rowman & Littlefield
ISBN 13 : 9780815715603
Total Pages : 632 pages
Book Rating : 4.7/5 (156 download)

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Book Synopsis The Economy of Puerto Rico by : Susan M. Collins

Download or read book The Economy of Puerto Rico written by Susan M. Collins and published by Rowman & Littlefield. This book was released on 2007-08-29 with total page 632 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Brookings Institution Press and the Center for the New Economy publication A non-incorporated territory of the United States, Puerto Rico operates under U.S. legal, monetary, security and tariff systems. Despite sharing in these and other key U.S. institutions, Puerto Rico has experienced economic stagnation and large scale unemployment since the 1970s. The island's living standards are low by U.S. standards, with a per capita income only half that of Mississippi, the poorest state. While many studies have analyzed the fiscal implications of Puerto Rico's political relationship with the United States, little research has focused broadly on the island's economic experience or assessed its growth prospects. In this innovative new book, economists from U.S. and Puerto Rican institutions address a range of major policy issues affecting the island's economic development. To frame the current situation, the contributors begin by assessing Puerto Rico's past experience with various growth policies. They then analyze several reforms and new initiatives in labor, education, entrepreneurship, fiscal policy, migration, trade, and financing development, which they incorporate into a proposed strategy for jumpstarting Puerto Rican economic growth. Contributors include Gary Burtless (Brookings Institution); Orlando Sotomayor, Luis Rivera-Batiz, Ramón Cao, Maria Enchautegui, José Joaquín Villamil, Eileen Segarra, Marinés Aponte, and Juan Lara (University of Puerto Rico); Richard Freeman and Robert Lawrence (Harvard University); Helen Ladd (Duke University); Francisco Rivera-Batiz (Columbia University); Steven Davis and Bruce Meyer (University of Chicago); James Alm (Georgia State University); Ingo Walter, Rita Maldonado-Bear, and William Baumol (New York University); Belinda Reyes (University of California, Merced); Alan Krueger (Princeton University); Carlos Santiago (University of Wisconsin); David Audretsch (Indiana University); Ronald Fisher (Michigan State University); Fuat Andic (UN Advisor); Arturo Estrella (NY Federal Reserve); James Hanson and Daniel Lederman (World Bank); James Dietz (University of California, Fullerton); and Katherine Terrell (University of Michigan).

Restoring Growth in Puerto Rico

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Author :
Publisher : Rowman & Littlefield
ISBN 13 : 0815715595
Total Pages : 152 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Restoring Growth in Puerto Rico by : Susan M. Collins

Download or read book Restoring Growth in Puerto Rico written by Susan M. Collins and published by Rowman & Littlefield. This book was released on 2007-08-29 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a territory of the United States, Puerto Rico enjoys the benefits of key U.S. legal, monetary, security, and tariff systems, and its residents are U.S. citizens. In the decades following World War II, Puerto Rico emerged as one of the world's fastest-growing economies. From 1950 to 1970 per capita income nearly doubled as a percentage of the U.S. average, making the island the richest economy in Latin America. Since the mid-1970s, however, labor force attachment has declined, economic growth has slowed, and the island's living standards have fallen further behind those on the mainland. Today more than half of all Puerto Rican children live below the U.S. poverty level. Why did Puerto Rico's economic progress stall? And more important, what can be done to restore growth? A number of overlapping concerns—labor supply and demand, entrepreneurship, the fiscal situation, financial markets, and trade——are at the heart of its economic difficulties. This is a companion volume to Restoring Growth: The Economy of Puerto Rico (Brookings, 2006), in which economists from Puerto Rico and the United States examine the island's economy and propose strategies for sustainable growth. This monograph summarizes the analyses published in that volume and presents a set of policy recommendations to increase employment, improve education, upgrade infrastructure, and fix government finances. Contributors include James Alm (Georgia State University), Barry P. Bosworth and Gary Burtless (Brookings Institution), Susan M. Collins (Brookings Institution and Georgetown University), Steven J. Davis (University of Chicago), María E. Enchautegui, Juan Lara, Luis A. Rivera- Batiz, and Orlando Sotomayor (University of Puerto Rico), Richard B. Freeman and Robert Z. Lawrence (Harvard University), Helen F. Ladd (Duke University), Rita Maldonado-Bear and Ingo Walter (New York University), Francisco L. Rivera-Batiz (Columbia University), and Miguel A. Soto-Class (Center for the New Economy).

Restoring Growth in Puerto Rico

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Author :
Publisher : Rowman & Littlefield
ISBN 13 : 9780815715597
Total Pages : 158 pages
Book Rating : 4.7/5 (155 download)

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Book Synopsis Restoring Growth in Puerto Rico by : Susan M. Collins

Download or read book Restoring Growth in Puerto Rico written by Susan M. Collins and published by Rowman & Littlefield. This book was released on 2007-08-29 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a territory of the United States, Puerto Rico enjoys the benefits of key U.S. legal, monetary, security, and tariff systems, and its residents are U.S. citizens. In the decades following World War II, Puerto Rico emerged as one of the world's fastest-growing economies. From 1950 to 1970 per capita income nearly doubled as a percentage of the U.S. average, making the island the richest economy in Latin America. Since the mid-1970s, however, labor force attachment has declined, economic growth has slowed, and the island's living standards have fallen further behind those on the mainland. Today more than half of all Puerto Rican children live below the U.S. poverty level. Why did Puerto Rico's economic progress stall? And more important, what can be done to restore growth? A number of overlapping concerns—labor supply and demand, entrepreneurship, the fiscal situation, financial markets, and trade——are at the heart of its economic difficulties. This is a companion volume to Restoring Growth: The Economy of Puerto Rico (Brookings, 2006), in which economists from Puerto Rico and the United States examine the island's economy and propose strategies for sustainable growth. This monograph summarizes the analyses published in that volume and presents a set of policy recommendations to increase employment, improve education, upgrade infrastructure, and fix government finances. Contributors include James Alm (Georgia State University), Barry P. Bosworth and Gary Burtless (Brookings Institution), Susan M. Collins (Brookings Institution and Georgetown University), Steven J. Davis (University of Chicago), María E. Enchautegui, Juan Lara, Luis A. Rivera- Batiz, and Orlando Sotomayor (University of Puerto Rico), Richard B. Freeman and Robert Z. Lawrence (Harvard University), Helen F. Ladd (Duke University), Rita Maldonado-Bear and Ingo Walter (New York University), Francisco L. Rivera-Batiz (Columbia University), and Miguel A. Soto-Class (Center for the New Economy).

Puerto Rico

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Publisher : Lexington Books
ISBN 13 : 1498556841
Total Pages : 142 pages
Book Rating : 4.4/5 (985 download)

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Book Synopsis Puerto Rico by : Luis Gautier

Download or read book Puerto Rico written by Luis Gautier and published by Lexington Books. This book was released on 2017-12-12 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues that it is in the best interests of Puerto Rico and the United States to set policies to move toward political independence for Puerto Rico. It explores, theoretically and empirically, aspects of trade, industry, and market-based environmental policies in the context of the US–Puerto Rico relationship.

Labor Migration and Economic Growth

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Author :
Publisher : MIT Press (MA)
ISBN 13 :
Total Pages : 202 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Labor Migration and Economic Growth by : Stanley L. Friedlander

Download or read book Labor Migration and Economic Growth written by Stanley L. Friedlander and published by MIT Press (MA). This book was released on 1965 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: Puerto Rico. Thesis. Analysis of the effect of migration on economic development. Interaction of demographic aspects and economic growth. Disguised unemployment among rural workers and unskilled workers can be reduced through emigration. With less labour force but more skilled workers available, production and productivity increase, although unemployment remains high.

Status of Puerto Rico: Economic factors in relation to the status of Puerto Rico

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Author :
Publisher :
ISBN 13 :
Total Pages : 808 pages
Book Rating : 4.A/5 ( download)

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Book Synopsis Status of Puerto Rico: Economic factors in relation to the status of Puerto Rico by : United States-Puerto Rico Commission on the Status of Puerto Rico

Download or read book Status of Puerto Rico: Economic factors in relation to the status of Puerto Rico written by United States-Puerto Rico Commission on the Status of Puerto Rico and published by . This book was released on 1966 with total page 808 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Developing Recovery Options for Puerto Rico's Economic and Disaster Recovery Plan

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Author :
Publisher :
ISBN 13 : 9781977403209
Total Pages : 80 pages
Book Rating : 4.4/5 (32 download)

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Book Synopsis Developing Recovery Options for Puerto Rico's Economic and Disaster Recovery Plan by : Rand Corporation

Download or read book Developing Recovery Options for Puerto Rico's Economic and Disaster Recovery Plan written by Rand Corporation and published by . This book was released on 2020-10-31 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: After Hurricanes Irma and Maria caused widespread destruction across the U.S. Commonwealth of Puerto Rico, FEMA tasked the Homeland Security Operational Analysis Center (HSOAC) to work with the government of Puerto Rico, federal agencies, and other stakeholders to write a congressionally mandated economic and disaster recovery plan. This report summarizes HSOAC's strategic planning process to support the government of Puerto Rico in its development of the recovery plan. The HSOAC team developed nearly 300 potential recovery actions (courses of action) that Puerto Rico could take to repair damage from the hurricanes and address longer-term economic recovery needs. The courses of action delineate potential activities, policies, programs, and strategies designed to further the goals prioritized by the government of Puerto Rico and other stakeholders. Each individual course of action describes an approach to addressing a problem associated with hurricane damage or with a preexisting condition that inhibits economic recovery. To develop the courses of action, the HSOAC team aligned 12 teams with the FEMA sectors supporting the National Disaster Recovery Framework, ranging from water to housing. For each course of action, the team estimated the costs that would likely be incurred and identified potential sources of funding for implementation. The extent of the hurricane damage, combined with the preexisting economic challenges, meant that the recovery actions identified covered every aspect of a modern economy. The hundreds of courses of action represent complex actions that need to be understood in context with how they redress these challenges, with insights into how they connect with the key interests of inclusiveness and innovation, what their contributions will be toward meeting the strategic objectives that the governor of Puerto Rico identified, and their impact on the total cost of the plan. To help the government of Puerto Rico select a cohesive and effective set of courses of action for its recovery plan, the HSOAC team bundled these courses of action into portfolios and developed a unique decision support tool to summarize and synthesize possible options. Ultimately, the analysis and support provided by the HSOAC team facilitated the governor's final decision on which courses of action and portfolios to select, but neither HSOAC nor the decision support engagements exclusively determined the content of the final recovery plan.

The U.S. Department of the Treasury's Analysis of the Situation in Puerto Rico

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Author :
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781539813798
Total Pages : 62 pages
Book Rating : 4.8/5 (137 download)

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Book Synopsis The U.S. Department of the Treasury's Analysis of the Situation in Puerto Rico by : Committee on Natural Resources U.s. House of Representatives

Download or read book The U.S. Department of the Treasury's Analysis of the Situation in Puerto Rico written by Committee on Natural Resources U.s. House of Representatives and published by Createspace Independent Publishing Platform. This book was released on 2016-10-30 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Commonwealth of Puerto Rico is in the midst of an economic and fiscal crisis, facing more than a $70 billion debt, and already defaulting on payments in the amount of $174 million. In turn, Puerto Rico may be on the cusp of a humanitarian dilemma - as it is forced to choose between providing public services, delivering pension benefits, or paying its debt. These critical issues have become a focal point for the Committee on Natural Resources ("Committee"), which has held two subcommittee oversight hearings over the past several weeks addressing different facets of the fiscal situation in Puerto Rico. Both hearings, and their associated witnesses, have resulted in calls to the Committee on the need for a legislative solution to the Puerto Rican fiscal situation, and what must be included in such legislation. Echoing these calls, the Administration through the U.S. Department of the Treasury (Treasury) has forwarded to Congress a legislative plan to address the debt crisis. Treasury's plan involves four "interrelated elements" that the Administration believes are necessary to address "Puerto Rico's fiscal crisis and restore economic growth." The four are summarized as follows: 1) access to debt restructuring, 2) implementation of strong independent oversight to improve Puerto Rico's fiscal governance, 3) "adequate" treatment to Medicaid benefits, and 4) promotion of economic measures aimed at promoting growth.

People, Jobs and Economic Development

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Author :
Publisher :
ISBN 13 :
Total Pages : 420 pages
Book Rating : 4.:/5 (44 download)

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Book Synopsis People, Jobs and Economic Development by : A. J. Jaffe

Download or read book People, Jobs and Economic Development written by A. J. Jaffe and published by . This book was released on 1959 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Puerto Rico's Economic Future

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Publisher :
ISBN 13 :
Total Pages : 490 pages
Book Rating : 4.:/5 (3 download)

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Book Synopsis Puerto Rico's Economic Future by : Harvey S. Perloff

Download or read book Puerto Rico's Economic Future written by Harvey S. Perloff and published by . This book was released on 1950 with total page 490 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Factories and Food Stamps

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Publisher :
ISBN 13 :
Total Pages : 214 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Factories and Food Stamps by : Richard Weisskoff

Download or read book Factories and Food Stamps written by Richard Weisskoff and published by . This book was released on 1985 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Growing Puerto Rican Economy

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Publisher : New York : Gordon Press
ISBN 13 :
Total Pages : 256 pages
Book Rating : 4.A/5 ( download)

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Book Synopsis The Growing Puerto Rican Economy by : Baltazara Colon de Zalduondo

Download or read book The Growing Puerto Rican Economy written by Baltazara Colon de Zalduondo and published by New York : Gordon Press. This book was released on 1977 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Challenges and Opportunities for the Puerto Rico Economy

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Publisher :
ISBN 13 : 9781977403254
Total Pages : 384 pages
Book Rating : 4.4/5 (32 download)

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Book Synopsis Challenges and Opportunities for the Puerto Rico Economy by : Craig A. Bond

Download or read book Challenges and Opportunities for the Puerto Rico Economy written by Craig A. Bond and published by . This book was released on 2020-10-31 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors review Puerto Rico's economic history and provide analysis following the 2017 hurricane season that serves as the context for a set of principles and actions in the recovery plan for rebuilding a healthy economy.

Supporting a 21st Century Workforce in Puerto Rico

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Publisher :
ISBN 13 : 9781977403810
Total Pages : 256 pages
Book Rating : 4.4/5 (38 download)

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Book Synopsis Supporting a 21st Century Workforce in Puerto Rico by : Gabriella C. Gonzalez

Download or read book Supporting a 21st Century Workforce in Puerto Rico written by Gabriella C. Gonzalez and published by . This book was released on 2020-11-30 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: A workforce development system that supports Puerto Rico's economic development requires a K through postsecondary education system that emphasizes individuals' career pathways and aligns training with the evolving labor market and business needs.

The Education Sector in Puerto Rico After Hurricane Maria

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Publisher :
ISBN 13 : 9781977402714
Total Pages : 118 pages
Book Rating : 4.4/5 (27 download)

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Book Synopsis The Education Sector in Puerto Rico After Hurricane Maria by : Christopher Nelson

Download or read book The Education Sector in Puerto Rico After Hurricane Maria written by Christopher Nelson and published by . This book was released on 2020-11-15 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: The government of Puerto Rico developed a plan to recover from the destruction caused by Hurricanes Irma and Maria, build resilience to withstand future disasters, and restore the struggling economy. The Homeland Security Operational Analysis Center (HSOAC), operated by RAND Corporation under contract with the U.S. Department of Homeland Security, worked with the Federal Emergency Management Agency (FEMA) to assist with the development of the plan. Acting in support of FEMA's Education sector, HSOAC analyzed data sources to conduct an assessment of the damage and recovery needs, and engaged with stakeholders to identify recovery courses of action, costs, and possible funding mechanisms. Education system reforms initiated prior to the hurricanes and poststorm legislation set the strategy for the recovery actions. This report details prestorm conditions, assesses the damage and recovery needs, and describes the courses of action represented in the recovery plan for the Education sector. The analyses, coupled with discussions with local education stakeholders and subject-matter experts, informed the development of 13 courses of action to support Puerto Rico's recovery plan and efforts to transform the education system. The courses of action cover four major themes related to Education sector recovery: rebuilding, repairing, and upgrading infrastructure; strengthening and supporting the government's K-12 system reform; expanding and improving out-of-school and preschool learning opportunities; and increasing access to vocational, technical, and career education and strengthening school-to-work transitions.

Population, Migration, and Socioeconomic Outcomes among Island and Mainland Puerto Ricans

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Author :
Publisher : Lexington Books
ISBN 13 : 1498516874
Total Pages : 243 pages
Book Rating : 4.4/5 (985 download)

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Book Synopsis Population, Migration, and Socioeconomic Outcomes among Island and Mainland Puerto Ricans by : Marie T. Mora

Download or read book Population, Migration, and Socioeconomic Outcomes among Island and Mainland Puerto Ricans written by Marie T. Mora and published by Lexington Books. This book was released on 2017-11-15 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book renders a comprehensive and detailed analysis of the socioeconomic and demographic outcomes of Puerto Ricans during Puerto Rico’s severe economic crisis. This book is a valuable resource for scholars interested in Puerto Rico and economic, social mobility, migration, demographic, or public policy issues for Hispanics and Latinos.

OECD Tax Policy Studies Tax Policy Reform and Economic Growth

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Author :
Publisher : OECD Publishing
ISBN 13 : 9264091084
Total Pages : 154 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis OECD Tax Policy Studies Tax Policy Reform and Economic Growth by : OECD

Download or read book OECD Tax Policy Studies Tax Policy Reform and Economic Growth written by OECD and published by OECD Publishing. This book was released on 2010-11-03 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report investigates how tax structures can best be designed to support GDP per capita growth.