Trends and Developments in the Economy of Puerto Rico
7 Pages Posted: 7 Apr 2008
Date Written: March 2008
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.
Keywords: puerto rico, carribean, employment
JEL Classification: H00, J40, N30, R11
Suggested Citation: Suggested Citation
Bram, Jason and Martinez, Francisco E. and Steindel, Charles, Trends and Developments in the Economy of Puerto Rico (March 2008). Current Issues in Economics and Finance, Vol. 14, No. 2, March 2008, Available at SSRN: https://ssrn.com/abstract=1116247
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