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Puerto Rico: Fiscal and economic growth challenges

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  • Velloso, Helvia
  • Bustillo, Inés

Abstract

The objective of this paper is to assess the challenges that Puerto Rico’s economy is currently facing. Puerto Rico’s development experience in the postwar period is briefly discussed in order to understand the nature of the island’s current situation. Puerto Rico’s recent economic performance, credit position, debt situation and fiscal conditions, including its complex capital structure and recently released fiscal and economic growth plan are also analyzed.

Suggested Citation

  • Velloso, Helvia & Bustillo, Inés, 2015. "Puerto Rico: Fiscal and economic growth challenges," Studies and Perspectives – ECLAC Office in Washington 39166, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    • Handle: RePEc:ecr:col034:39166
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    File URL: http://repositorio.cepal.org/handle/11362/39166
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    References listed on IDEAS

    as
    1. Bustillo, Inés & Ocampo, José Antonio, 2003. "Asymmetries and cooperation in the Free Trade Area of the Americas," Series Históricas 7864, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    2. -, 2014. "Compacts for Equality: Towards a Sustainable Future," Libros y Documentos Institucionales, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 36693 edited by Eclac.
    3. William Dudley, 2014. "Update on economic and fiscal conditions in Puerto Rico," Speech 138, Federal Reserve Bank of New York.
    4. Flores, Fernando & Artecona, Raquel, 2009. "Observatorio del control aduanero a las importaciones de Estados Unidos: estándares técnicos," Studies and Perspectives – ECLAC Office in Washington 5070, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    5. 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).
    6. -, 2014. "Compacts for Equality: Towards a Sustainable Future," Documentos de posición del período de sesiones de la Comisión 36693, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    7. Jaison R. Abel & Richard Deitz, 2014. "The causes and consequences of Puerto Rico's declining population," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 20.
    8. Feinberg, Robert M., 2010. "Antidumping and the global financial crisis: the impact on Latin America and the Caribbean," Studies and Perspectives – ECLAC Office in Washington 5063, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    9. Unknown, 2005. "Forward," 2005 Conference: Slovenia in the EU - Challenges for Agriculture, Food Science and Rural Affairs, November 10-11, 2005, Moravske Toplice, Slovenia 183804, Slovenian Association of Agricultural Economists (DAES).
    10. repec:ecr:col094:2439 is not listed on IDEAS
    11. Knutson, Ronald D. & Ochoa, René F., 2007. "Status of agrifood regulatory coordination under the North American Free Trade Agreement," Studies and Perspectives – ECLAC Office in Washington 5062, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    12. -, 2008. "Promoting corporate social responsibility in small and medium enterprises in the Caribbean: survey results," Studies and Perspectives – ECLAC Office in Washington 5067, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    13. Maria Enchautegui & Richard B. Freeman, 2005. "Why Don't More Puerto Rican Men Work? The Rich Uncle (Sam) Hypothesis," NBER Working Papers 11751, National Bureau of Economic Research, Inc.
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    Cited by:

    1. 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.

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