Restoring Growth In Puerto Rico


Restoring Growth In Puerto Rico
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Restoring Growth In Puerto Rico


Restoring Growth In Puerto Rico
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Author : Susan M. Collins
language : en
Publisher: Rowman & Littlefield
Release Date : 2007-08-29

Restoring Growth In Puerto Rico written by Susan M. Collins and has been published by Rowman & Littlefield this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-08-29 with Political Science categories.


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).



The Economy Of Puerto Rico


The Economy Of Puerto Rico
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Author : Susan M. Collins
language : en
Publisher: Rowman & Littlefield
Release Date : 2007-08-29

The Economy Of Puerto Rico written by Susan M. Collins and has been published by Rowman & Littlefield this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-08-29 with Political Science categories.


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).



Restoring Growth In Puerto Rico


Restoring Growth In Puerto Rico
DOWNLOAD

Author : Susan M. Collins
language : en
Publisher: Rowman & Littlefield
Release Date : 2007-08-29

Restoring Growth In Puerto Rico written by Susan M. Collins and has been published by Rowman & Littlefield this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-08-29 with Political Science categories.


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).



Labor Migration And Economic Growth


Labor Migration And Economic Growth
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Author : Stanley L. Friedlander
language : en
Publisher: MIT Press (MA)
Release Date : 1965

Labor Migration And Economic Growth written by Stanley L. Friedlander and has been published by MIT Press (MA) this book supported file pdf, txt, epub, kindle and other format this book has been release on 1965 with Business & Economics categories.


Puerto Rico. Thesis. Analysis of the effect of migration on economic development. Interaction of demographic aspects and economic growth. Disguised unemployment among rural workers and unskilled workers can be reduced through emigration. With less labour force but more skilled workers available, production and productivity increase, although unemployment remains high.



Status Of Puerto Rico Economic Factors In Relation To The Status Of Puerto Rico


Status Of Puerto Rico Economic Factors In Relation To The Status Of Puerto Rico
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Author : United States-Puerto Rico Commission on the Status of Puerto Rico
language : en
Publisher:
Release Date : 1966

Status Of Puerto Rico Economic Factors In Relation To The Status Of Puerto Rico written by United States-Puerto Rico Commission on the Status of Puerto Rico and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1966 with Puerto Rico categories.




Fomento


Fomento
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Author : William Henry Stead
language : en
Publisher: Washington : National Planning Association
Release Date : 1958

Fomento written by William Henry Stead and has been published by Washington : National Planning Association this book supported file pdf, txt, epub, kindle and other format this book has been release on 1958 with Puerto Rico categories.




Puerto Rico


Puerto Rico
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Author : Luis Gautier
language : en
Publisher: Lexington Books
Release Date : 2017-12-12

Puerto Rico written by Luis Gautier and has been published by Lexington Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-12-12 with Business & Economics categories.


This book argues that it is in the best interests of Puerto Rico and the United States to set policies to move toward political independence for Puerto Rico. It explores, theoretically and empirically, aspects of trade, industry, and market-based environmental policies in the context of the US–Puerto Rico relationship.



The U S Department Of The Treasury S Analysis Of The Situation In Puerto Rico


The U S Department Of The Treasury S Analysis Of The Situation In Puerto Rico
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Author : Committee on Natural Resources U.s. House of Representatives
language : en
Publisher: Createspace Independent Publishing Platform
Release Date : 2016-10-30

The U S Department Of The Treasury S Analysis Of The Situation In Puerto Rico written by Committee on Natural Resources U.s. House of Representatives and has been published by Createspace Independent Publishing Platform this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-10-30 with categories.


The Commonwealth of Puerto Rico is in the midst of an economic and fiscal crisis, facing more than a $70 billion debt, and already defaulting on payments in the amount of $174 million. In turn, Puerto Rico may be on the cusp of a humanitarian dilemma - as it is forced to choose between providing public services, delivering pension benefits, or paying its debt. These critical issues have become a focal point for the Committee on Natural Resources ("Committee"), which has held two subcommittee oversight hearings over the past several weeks addressing different facets of the fiscal situation in Puerto Rico. Both hearings, and their associated witnesses, have resulted in calls to the Committee on the need for a legislative solution to the Puerto Rican fiscal situation, and what must be included in such legislation. Echoing these calls, the Administration through the U.S. Department of the Treasury (Treasury) has forwarded to Congress a legislative plan to address the debt crisis. Treasury's plan involves four "interrelated elements" that the Administration believes are necessary to address "Puerto Rico's fiscal crisis and restore economic growth." The four are summarized as follows: 1) access to debt restructuring, 2) implementation of strong independent oversight to improve Puerto Rico's fiscal governance, 3) "adequate" treatment to Medicaid benefits, and 4) promotion of economic measures aimed at promoting growth.



Fomento


Fomento
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Author :
language : en
Publisher:
Release Date : 1967

Fomento written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1967 with Industrial development projects categories.




Puerto Rico Status


Puerto Rico Status
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Author : United States. Congress. Senate. Committee on Energy and Natural Resources
language : en
Publisher:
Release Date : 1998

Puerto Rico Status written by United States. Congress. Senate. Committee on Energy and Natural Resources and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Puerto Rico categories.