Trends and developments in the economy of Puerto Rico

Jason Bram, Francisco E. Martinez and Charles Steindel

Current Issues in Economics and Finance, 2008, vol. 14, issue Mar

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; Labor market; Economic conditions; Federal Reserve District, 2nd (search for similar items in EconPapers)
Date: 2008
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