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Trends and developments in the economy of Puerto Rico

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Author Info
Jason Bram
Francisco E. Martínez
Charles Steindel

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Abstract

A two-year-long economic downturn and a persistent income gap with the U.S. mainland contribute to an uncertain outlook for Puerto Rico. Still, the commonwealth possesses a skilled and educated workforce, a favorable business climate, and the benefits of U.S. legal and financial structures - advantages that could encourage the development of new industries and create the potential for sustained growth.

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Publisher Info
Article provided by Federal Reserve Bank of New York in its journal Current Issues in Economics and Finance.

Volume (Year): (2008)
Issue (Month): Mar ()
Pages:
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Handle: RePEc:fip:fednci:y:2008:i:mar:n:v.14no.2

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Related research
Keywords: Economic conditions ; Federal Reserve District; 2nd ; Labor market ; Puerto Rico;

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This page was last updated on 2009-12-9.

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