Puerto Rico's Economic Future Utopia Or Dystopia

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Publisher :
ISBN 13 : 9780578301433
Total Pages : pages
Book Rating : 4.3/5 (14 download)

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Book Synopsis Puerto Rico's Economic Future Utopia Or Dystopia by :

Download or read book Puerto Rico's Economic Future Utopia Or Dystopia written by and published by . This book was released on 2021-10-25 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Three interrelated propositions form the central assertion of this Monograph:? Puerto Rico's unique relationship with the United States is underutilized and unproductive. A result of our enduring dependency on fiscal federalism, partisan politics, continuous mistreatment and misutilization of the island's most significant economic resources: Small and Medium Size Enterprises (SMEs), family businesses and local capital. ? Improvement of economic well-being and improved standards of living for Puerto Rico must be anchored on strategies and programs principled on constitutional mandates rather than on political expediency. ? Neglect of good governance, strategic intent, purpose and of defining the island's role in the 21st Century global economic geography.

Puerto Rico's Economic Future

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Author :
Publisher : New York : Arno Press
ISBN 13 : 9780405062285
Total Pages : 498 pages
Book Rating : 4.0/5 (622 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 New York : Arno Press. This book was released on 1975 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economy of Puerto Rico

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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).

Puerto Rico's Industrial Future

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Author :
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (217 download)

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Book Synopsis Puerto Rico's Industrial Future by : Puerto Rico. Economic Development Administration

Download or read book Puerto Rico's Industrial Future written by Puerto Rico. Economic Development Administration and published by . This book was released on 1956* with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Puerto Rico's Industrial Development Past Performance and Glance at the Future

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Publisher :
ISBN 13 :
Total Pages : 30 pages
Book Rating : 4.:/5 (444 download)

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Book Synopsis Puerto Rico's Industrial Development Past Performance and Glance at the Future by : Puerto Rico. Economic Development Administration

Download or read book Puerto Rico's Industrial Development Past Performance and Glance at the Future written by Puerto Rico. Economic Development Administration and published by . This book was released on 1971 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Puerto Rico's Economic Outlook

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Publisher :
ISBN 13 :
Total Pages : 12 pages
Book Rating : 4.:/5 (45 download)

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Book Synopsis Puerto Rico's Economic Outlook by : Puerto Rican trade council

Download or read book Puerto Rico's Economic Outlook written by Puerto Rican trade council and published by . This book was released on 1947 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Puerto Rico

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Publisher : Lexington Books
ISBN 13 : 1498556841
Total Pages : 143 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 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: Puerto Rico is experiencing its deepest economic crisis since the first half of the twentieth century. The unique political and economic relationship between the US and Puerto Rico arguably plays a fundamental role in this crisis. With these in mind and given the imposition of the Financial Oversight Management Board by the US government, this book presents policy recommendations to help Puerto Rico achieve sustainable development. A set of partial equilibrium models are employed to study important industrial policy options and trade issues. This book also discusses the potential role of market-based environmental policies as well as issues of income convergence. The method of analysis to study the Puerto Rico–US relationship presented in this book is entirely new to the literature and the analysis of market-based environmental policy. The overarching result is that it is in the best interest of Puerto Rico and the US to set economic policies consistent with an equilibrium characterized by political independence (i.e., national sovereignty) for Puerto Rico. The potential for sustainable economic growth and development is latent in Puerto Rico’s economy. But for factors of production to be used effectively and efficiently, Puerto Rico’s economy requires access to international markets at sufficiently lower transaction costs, a condition consistent primarily in an equilibrium characterized by political independence. Access to international markets at sufficiently lower costs would help, inter alia, restore market credibility, regain access to credit markets at bearable costs and achieve important efficiency gains. This book argues that international trade ought to be at the center of development and growth policy. Importantly, it argues on the grounds of efficiency that not only is it in the best interest of the US to help Puerto Rico move gradually towards an equilibrium consistent with political independence, but that a statehood-like equilibrium is inefficient, particularly if a higher degree of access to global markets is at the center of policy formulation. I hope the discussion presented in this book signifies an important contribution to the policy debate in order to address Puerto Rico’s economic challenges.

Island Paradox

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Publisher : Russell Sage Foundation
ISBN 13 : 9780871547514
Total Pages : 210 pages
Book Rating : 4.5/5 (475 download)

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Book Synopsis Island Paradox by : Francisco Rivera-Batiz

Download or read book Island Paradox written by Francisco Rivera-Batiz and published by Russell Sage Foundation. This book was released on 1998-06-25 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: "One of the year's best books on Puerto Rico."—El Nuevo Dia, San Juan "[The authors] are highly regarded labor economists who have written extensively and intelligently in the past, and again in this volume, on Puerto Rican migration and labor markets... There isabundant statistical data and careful analysis, some of which challenges the conventional wisdom. Highly recommended." —Choice Island Paradox is the first comprehensive, census-based portrait of social and economic life in Puerto Rico. During its nearly fiftyyears as a U.S. commonwealth, the relationship between Puerto Rico's small, developing economy and the vastly larger, more industrialized United States has triggered profound changes in the island's industry and labor force. Puerto Rico has been deeply affected by the constant flow of its people to and from the mainland, and by the influx of immigrant workers from other nations. Distinguished economists Francisco Rivera-Batiz and Carlos Santiago provide the latest data on the socioeconomic status of Puerto Rico today, and examine current conditions within the context of the major trends of the past two decades. Island Paradox describes many improvements in Puerto Rico's standard of living, including rising per-capita income, longer life expectancies, greater educational attainment, and increased job prospects for women. But it also discusses the devastating surge in unemployment. Rapid urbanization and a vanishing agricultural sector have led to severe inequality, as family income has become increasingly dependent on education and geographic location. Although Puerto Rico's close ties to the United States were the major source of the island's economic growth prior to 1970, they have also been at the root of recent hardships. Puerto Rico's trade andbusiness transactions remain predominantly with the United States, but changes in federal tax, social, and budgetary policies, along with international agreements such as NAFTA, now threaten to alter the economic ties between the island and the mainland. Island Paradox reveals the social and family changes that have occurred among Puerto Ricans on the island and the mainland. The significant decline in the island's population growth is traced in part to women's increased pursuit of educational and employment opportunities before marrying. More children are being raised by singleparents, but this stems from a higher divorce rate and not a rise in teenage pregnancy. The widespread circular migration to and from the United States has had strong repercussions for the island's labor markets and social balance, leading to concerns about an island brain drain. The Puerto Rican population in the United States hasbecome increasingly diverse, less regionally concentrated and not, as some have claimed, in danger of becoming an underclass. Within a single generation Puerto Rico has experienced social and economic shifts of an unprecedented magnitude. Island Paradox charts Puerto Rico's economic fortunes, summarizes the major demographic trends, and identifies the issues that will have the strongest bearings on Puerto Rico's prospects for a successful future. A Volume in the Russell Sage Foundation Census Series

Restoring Growth in Puerto Rico

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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: A Brookings Institution Press and the Center for the New Economy publication 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).

Energy in Puerto Rico's Future

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Author :
Publisher : National Academies
ISBN 13 :
Total Pages : 204 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Energy in Puerto Rico's Future by : National Research Council (U.S.). Committee on Future Energy Alternatives for Puerto Rico

Download or read book Energy in Puerto Rico's Future written by National Research Council (U.S.). Committee on Future Energy Alternatives for Puerto Rico and published by National Academies. This book was released on 1980 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Puerto Rico's Economic Outlook

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Publisher :
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.:/5 (961 download)

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Book Synopsis Puerto Rico's Economic Outlook by :

Download or read book Puerto Rico's Economic Outlook written by and published by . This book was released on 1991 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Boom and Bust in Puerto Rico

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Publisher :
ISBN 13 : 9780268200961
Total Pages : 267 pages
Book Rating : 4.2/5 (9 download)

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Book Synopsis Boom and Bust in Puerto Rico by : A. W. Maldonado

Download or read book Boom and Bust in Puerto Rico written by A. W. Maldonado and published by . This book was released on 2021 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Puerto Rico

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Publisher : Nova Science Publishers
ISBN 13 : 9781614709695
Total Pages : 0 pages
Book Rating : 4.7/5 (96 download)

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Book Synopsis Puerto Rico by : Fernando Ortega

Download or read book Puerto Rico written by Fernando Ortega and published by Nova Science Publishers. This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: For over a century, the people of Puerto Rico and the United States have woven a lasting political, economic, social and cultural relationship. Today, this relationship is strengthened and renewed by the more than four million U.S. citizens who call Puerto Rico home and the nearly equal number of Puerto Ricans living on the mainland who travel back to Puerto Rico for business, vacation or visits to see family and friends. This book explores the question of Puerto Rico's status, economic development, competitive industry and recommendations with respect to the island of Vieques.

Economic Development in Puerto Rico During the Last Twenty Years

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Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.:/5 (54 download)

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Book Synopsis Economic Development in Puerto Rico During the Last Twenty Years by : Puerto Rico. Economic Development Administration. Office of Economic Research

Download or read book Economic Development in Puerto Rico During the Last Twenty Years written by Puerto Rico. Economic Development Administration. Office of Economic Research and published by . This book was released on 1971 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economic Development of Puerto Rico

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Publisher :
ISBN 13 :
Total Pages : 16 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis The Economic Development of Puerto Rico by : Santiago Polanco-Abreu

Download or read book The Economic Development of Puerto Rico written by Santiago Polanco-Abreu and published by . This book was released on 1966 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Changes in Puerto Rico, 1935-56

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Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.:/5 (243 download)

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Book Synopsis Economic Changes in Puerto Rico, 1935-56 by : Puerto Rico. Economic Development Administration

Download or read book Economic Changes in Puerto Rico, 1935-56 written by Puerto Rico. Economic Development Administration and published by . This book was released on 1957 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Boom and Bust in Puerto Rico

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Publisher :
ISBN 13 : 9780268200978
Total Pages : 224 pages
Book Rating : 4.2/5 (9 download)

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Book Synopsis Boom and Bust in Puerto Rico by : A. W. Maldonado

Download or read book Boom and Bust in Puerto Rico written by A. W. Maldonado and published by . This book was released on 2021-08 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Who is to blame for the economic and political crisis in Puerto Rico--the United States or Puerto Rico? This book provides a fascinating historical perspective on the problem and an unequivocal answer on who is to blame. In this engaging and approachable book, journalist A. W. Maldonado charts the rise and fall of the Puerto Rican economy and explains how a litany of bad political and fiscal policy decisions in Washington and Puerto Rico destroyed an "economic miracle." Under Operation Bootstrap in the 1950s and 60s, the rapid transformation and industrialization of the Puerto Rican economy was considered a "wonder of human history," a far cry from the economic "death spiral" the island's governor described in 2016. Boom and Bust in Puerto Rico is the story of how the demise of an obscure tax policy that encouraged investment and economic growth led to escalating budget deficits and the government's shocking default of its $70 billion debt. Maldonado also discusses the extent of the devastation from Hurricane Maria in 2017, the massive street protests during 2019, and the catastrophic earthquakes in January 2020. After illuminating the "century of misunderstanding" between Puerto Rico and the United States--the root cause of the economic crisis and the island's gridlocked debates about its political status--Maldonado concludes with projections about the future of the relationship. He argues that, in the end, the economic, fiscal, and political crises are the result of the breakdown and failure of Puerto Rican self-government. Boom and Bust in Puerto Rico is written for a wide audience, including students, economists, politicians, and general readers, all of whom will find it interesting and thought provoking.