Trends and Developments in the Economy of Puerto Rico

7 Pages Posted: 7 Apr 2008

See all articles by Jason Bram

Jason Bram

Federal Reserve Bank of New York

Francisco E. Martinez

University of Puerto Rico

Charles Steindel

Federal Reserve Bank of New York

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

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

Jason Bram (Contact Author)

Federal Reserve Bank of New York ( email )

33 Liberty Street
New York, NY 10045
United States

Francisco E. Martinez

University of Puerto Rico ( email )

Ponce De Leon Avenue
00931-3300
Puerto Rico

Charles Steindel

Federal Reserve Bank of New York ( email )

33 Liberty Street
New York, NY 10045
United States

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
205
Abstract Views
1,522
rank
177,817
PlumX Metrics