Concertación social: características y retos
Presentación por Sergio Marxuach
Presentacion SM Conferencia Economica 2013 (2)
Repensando la AEE
PREPA Presentation 11 de febrero de 2013(3)
Fiscal Situation Update – Fiscal Year 2012-2013 Budget, Volume VI, No.1 June 2012
Sergio M. Marxuach
Policy Director
Center for the New Economy
San Juan, PR – June 2012
Fiscal Year 2012
Revenues – General fund net revenues for the first ten months of fiscal year 2012 (comprising the period from July 1, 2011 to April 30, 2012) amounted to $6.845 billion, approximately $455 million, or 7.1%, more than the $6.390 billion recorded for the same period during the previous fiscal year. This increase is mainly due to the collection of $1.527 billion product of a temporary excise tax imposed on sales made by certain multinational companies with operations in Puerto Rico to their offshore affiliates. This excise tax has been imposed pursuant to the terms and conditions of Act 154 of October 25, 2010.
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Policy Paper: Coffee Cultivation and Economic Development in the Castañer Region
Coffee has been grown in Puerto Rico for over 275 years. Between 1855 and 1898, for a relatively brief moment, all the necessary conditions to sustain a vigorous coffee industry were sustained in Puerto Rico: cheap land; an abundant, dependent and low-paid labor force; credit and financing by merchant firms; favorable access to international markets; relatively high market prices; and the agricultural know-how to take advantage of it all. Today, however, the coffee industry is on the verge of disappearing from the island.
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Foto: CAT International Center for Tropical Agriculture via Flickr.
Annual Economic Conference 2012: Presentations
The following presentations were given at the Center for a New Economy’s Annual Economic Conference 2012 held at San Juan, Puerto Rico, on February 17, 2012.
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La desigualdad y el crecimiento económico sustentable – Sergio M. Marxuach | Director de Política Pública, Centro para la Nueva Economía (Spanish)
La confiabilidad social y la desigualdad económica en Puerto Rico – Harold J. Toro | Director de Investigaciones, Centro para la Nueva Economía (Spanish)
Adversity Breeds Opportunity: “Trust” and the Social Infrastructure Underlying Successful Entrepreneurial Clusters – Richard M. Locke | MIT (English)
POLICY BRIEF: Rethinking the Governance of State-Owned Enterprises in Puerto Rico
The executive branch of the government of Puerto Rico carries out its operations through two distinct sets of administrative structures. On the one hand, there are the agencies and departments, such as the Justice and the Treasury departments, which constitute the “central government” of the Commonwealth. On the other hand, there are the state- owned enterprises, commonly known as “public corporations” in Puerto Rico, which constitute what we may call the “other” central government of Puerto Rico.
Historically, the use of public corporations offered several political advantages. Prior to the enactment of the Commonwealth’s constitution in 1952, the public corporation device prevented the Washington-appointed governor from interfering with programs under its jurisdiction. According to Charles Goodsell, public corporations were usually located outside government departments; their boards of directors were appointed by a group and not the governor alone; and their managers were appointed by the boards of directors and not by the governor. Therefore, the Puerto Rico legislature in effect created a whole administrative structure independent of and parallel to the established executive departments. READ MORE
Fiscal Situation Update: An Analysis of the Governor’s Proposed Budget for Fiscal Year 2012
Sergio M. Marxuach
Policy Director
Center for the New Economy
San Juan, PR – June 2011
I. Fiscal Year 2010-2011
Budget Deficit
General fund net revenues for the first ten months of fiscal year 2010-11 amounted to $6.405 billion, some $124 million, or 1.9%, more than the $6.281 billion reported for the same period last year. The most recent official revenue estimate for the current fiscal year is $8.133 billion. The Puerto Rico Treasury Secretary is confident this revenue target will be met due to (1) increased enforcement measures and (2) revenues generated by a new excise tax imposed on sales to the foreign affiliates of certain multinational companies with operations in Puerto Rico.
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Fiscal Situation Update – Fiscal Year 2011- 2012, Budget Vol. V, No. 1 June 2011
I. Fiscal Year 2010-2011
Budget Deficit
General fund net revenues for the first ten months of fiscal year 2010-11 amounted to $6.405 billion, some $124 million, or 1.9%, more than the $6.281 billion reported for the same period last year. The most recent official revenue estimate for the current fiscal year is $8.133 billion. The Puerto Rico Treasury Secretary is confident this revenue target will be met due to (1) increased enforcement measures and (2) revenues generated by a new excise tax imposed on sales to the foreign affiliates of certain multinational companies with operations in Puerto Rico.
On the spending side, total general fund expenditures are expected to total $9.149 billion, which is $1.021 billion, or 10%, less than total general fund spending of $10.170 billion reported during the last fiscal year.
To download the full report, please click on the following link:
Fiscal_Update_MayJune_2011
CNE Una Gran Causa Leadership Summit: Fareed Zakaria (Event Proceedings)
Click here to download: CNE “Una Gran Causa” Leadership Summit: Fareed Zakaria Event Proceedings
CNE Annual Economic Conference 2011 (Presentations)
KEYNOTE PRESENTATION
Peter Blair Henry
Dean, Leonard N. Stern School of Business, New York University
Puerto Rico: Micro Institutions and Macro Performance
ECONOMIC PRESENTATIONS
Sergio M. Marxuach
Policy Director, CNE
Midiendo el progreso social en Puerto Rico
