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The Economy of Puerto Rico

The Economy of Puerto Rico PDF Author: Barry Bosworth
Publisher: Brookings Institution Press
ISBN: 9780815715535
Category : Business & Economics
Languages : en
Pages : 607

Book Description
In this innovative new book, economists from U.S. and Puerto Rican institutions address a range of major policy issues affecting the islands economic development. To frame the current situation, the contributors begin by assessing Puerto Ricos past experience with various growth policies.

The Economy of Puerto Rico

The Economy of Puerto Rico PDF Author: Barry Bosworth
Publisher: Brookings Institution Press
ISBN: 9780815715535
Category : Business & Economics
Languages : en
Pages : 607

Book Description
In this innovative new book, economists from U.S. and Puerto Rican institutions address a range of major policy issues affecting the islands economic development. To frame the current situation, the contributors begin by assessing Puerto Ricos past experience with various growth policies.

Inside the Puerto Rico Economy

Inside the Puerto Rico Economy PDF Author:
Publisher: Inside Puerto Rico Economy
ISBN: 1563283379
Category : Puerto Rico
Languages : en
Pages : 29

Book Description
This collection of 120 short economic essays explores challenging aspects of the island's economy and provides insights for leaders in business, government, academia, non-profits, and other entities.

Challenges and Opportunities for the Puerto Rico Economy

Challenges and Opportunities for the Puerto Rico Economy PDF Author: Craig Andrew Bond
Publisher:
ISBN: 9781977403254
Category : Business & Economics
Languages : en
Pages : 0

Book Description
Recovery of the Puerto Rico economy in the aftermath of Hurricanes Irma and Maria means not only rebuilding the public and private infrastructure, supply chains, human capital, and other contributors to economic output but also reversing negative economic trends that existed and presented major challenges to growth even before the storms hit. In their report, the authors explain the history of economic development and policy in Puerto Rico and discuss the state of the prestorm economy, including key economic challenges. They use the historical data on overall economic activity (unrelated to the hurricanes) to construct a counterfactual to assess the net causal effect of Hurricanes Irma and Maria on Puerto Rico's economy. The counterfactual examines what would have happened to employment, labor, population, and tourism, as well as the government of Puerto Rico's fiscal position, had the hurricanes not occurred. Observed economic indicators following the storms are then compared to this counterfactual to estimate the real net economic consequences of the hurricanes, including overall damage from the storms and the effect of the recovery effort. The analysis provides considerable detail on the conditions in Puerto Rico before and after the 2017 hurricane season so that decisionmakers can adopt better policies in rebuilding a sustainable and healthy economic sector and, more broadly, the whole of Puerto Rico. The authors recommend a set of principles based on economic theory and provide courses of action included in the recovery plan compiled from their findings about prestorm conditions and trends and the input/observations of on-the-ground partners and stakeholders in the recovery effort. Book jacket.

Introduction to Puerto Rico

Introduction to Puerto Rico PDF Author: Gilad James, PhD
Publisher: Gilad James Mystery School
ISBN: 0439646480
Category : Travel
Languages : en
Pages : 81

Book Description
Puerto Rico is a Caribbean island and an unincorporated territory of the United States. The island is located in the northeastern Caribbean Sea, east of the Dominican Republic and west of the British Virgin Islands. Puerto Rico has a tropical climate and is known for its beautiful beaches and crystal-clear waters, making it a popular tourist destination. The island is densely populated, with over three million people living there, making it the third-largest island by population in the United States. Puerto Ricans are citizens of the United States and have been since 1917. The island has a unique cultural mix of African, Taíno, and European influences. The official language is Spanish, and English is also widely spoken. Puerto Rico's economy is mainly based on manufacturing, tourism, and services. The island has a distinct political status, remaining as an unincorporated territory and not being granted statehood or independence.

Multiple Origins, Uncertain Destinies

Multiple Origins, Uncertain Destinies PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309165075
Category : Social Science
Languages : en
Pages : 176

Book Description
Given current demographic trends, nearly one in five U.S. residents will be of Hispanic origin by 2025. This major demographic shift and its implications for both the United States and the growing Hispanic population make Multiple Origins, Uncertain Destinies a most timely book. This report from the National Research Council describes how Hispanics are transforming the country as they disperse geographically. It considers their roles in schools, in the labor market, in the health care system, and in U.S. politics. The book looks carefully at the diverse populations encompassed by the term "Hispanic," representing immigrants and their children and grandchildren from nearly two dozen Spanish-speaking countries. It describes the trajectory of the younger generations and established residents, and it projects long-term trends in population aging, social disparities, and social mobility that have shaped and will shape the Hispanic experience.

Start-up Nation

Start-up Nation PDF Author: Dan Senor
Publisher: Twelve
ISBN: 1455503460
Category : Business & Economics
Languages : en
Pages : 213

Book Description
What the world can learn from Israel's meteoric economic success. Start-Up Nation addresses the trillion dollar question: How is it that Israel -- a country of 7.1 million, only 60 years old, surrounded by enemies, in a constant state of war since its founding, with no natural resources-- produces more start-up companies than large, peaceful, and stable nations like Japan, China, India, Korea, Canada and the UK? With the savvy of foreign policy insiders, Senor and Singer examine the lessons of the country's adversity-driven culture, which flattens hierarchy and elevates informality-- all backed up by government policies focused on innovation. In a world where economies as diverse as Ireland, Singapore and Dubai have tried to re-create the "Israel effect", there are entrepreneurial lessons well worth noting. As America reboots its own economy and can-do spirit, there's never been a better time to look at this remarkable and resilient nation for some impressive, surprising clues.

Island Paradox

Island Paradox PDF Author: Francisco Rivera-Batiz
Publisher: Russell Sage Foundation
ISBN: 9780871547217
Category : Business & Economics
Languages : en
Pages : 228

Book Description
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.sland 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.

Puerto Rico

Puerto Rico PDF Author: José Trías Monge
Publisher: Yale University Press
ISBN: 9780300076189
Category : History
Languages : en
Pages : 276

Book Description
Former Attorney General and former Chief Justice of Puerto Rico, Jose Trias Monge describes his island as one of the most densely populated places on earth, with a severely distressed economy and limited political freedom--still considered a colony of the U.S. Monge claims the island has become too dependent on U.S. money and argues for decolonization and movement toward more independence. 28 illustrations.

Restoring Growth in Puerto Rico

Restoring Growth in Puerto Rico PDF Author: Susan M. Collins
Publisher: Rowman & Littlefield
ISBN: 9780815715597
Category : Political Science
Languages : en
Pages : 158

Book Description
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).

Debate the Issues: New Approaches to Economic Challenges

Debate the Issues: New Approaches to Economic Challenges PDF Author: Collectif
Publisher: OECD
ISBN: 9264264701
Category : Business & Economics
Languages : en
Pages : 160

Book Description
To capitalise on the new international resolve epitomised by COP21 and the agreement on the universal Sustainable Development Goals (SDGs) requires a renewed effort to promote new policy thinking and new approaches to the great challenges ahead. Responding to new challenges means we have to adopt more ambitious frameworks, design more effective tools, and propose more precise policies that will take account of the complex and multidimensional nature of the challenges. The goal is to develop a better sense of how economies really work and to articulate strategies which reflect this understanding. The OECD’s New Approaches to Economic Challenges (NAEC) exercise challenges our assumptions and our understanding about the workings of the economy. This collection from OECD Insights summarises opinions from inside and outside the Organisation on how NAEC can contribute to achieving the SDGs, and describes how the OECD is placing its statistical, monitoring and analytical capacities at the service of the international community. The authors also consider the transformation of the world economy that will be needed and the long-term “tectonic shifts” that are affecting people, the planet, global productivity, and institutions.