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Trends and developments in the economy of Puerto Rico

Author

Listed:
  • Jason Bram
  • Francisco E. Martinez
  • Charles Steindel

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.

Suggested Citation

  • Jason Bram & Francisco E. Martinez & Charles Steindel, 2008. "Trends and developments in the economy of Puerto Rico," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 14(Mar).
  • Handle: RePEc:fip:fednci:y:2008:i:mar:n:v.14no.2
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    Citations

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    Cited by:

    1. Bustillo, Inés & Velloso, Helvia, 2015. "Puerto Rico: Fiscal and economic growth challenges," Studies and Perspectives – ECLAC Office in Washington 14, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    2. James A. Orr & John Sporn, 2012. "The American Recovery and Reinvestment Act of 2009: a review of stimulus spending in New York and New Jersey," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 18(Sept).
    3. Paul Carrillo & Anthony Yezer & Jozefina Kalaj, 2017. "Could Austerity Collapse the Economy of Puerto Rico?," Working Papers 2017-17, The George Washington University, Institute for International Economic Policy.
    4. Susan Harrell Yee, 2020. "Contributions of Ecosystem Services to Human Well-Being in Puerto Rico," Sustainability, MDPI, Open Access Journal, vol. 12(22), pages 1-1, November.

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