Trends and Developments in the Economy of Puerto Rico
7 Pages Posted: 7 Apr 2008
Date Written: March 2008
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