Más vale maña que fuerza
La pregunta que debemos hacernos no es cuándo se irá la Junta. La pregunta es qué quedará cuando se vaya.
Fiscal Policy
The Rum Excise Tax Cover-Over: A proposal for investing in the future of Puerto Rico
In this policy brief, we break down the origins of the rum cover-over, how the money flows, where it goes, and how to make the most of it. CNE proposes an innovative alternative: the creation of the Puerto Rico Economic Development Fund for the 21st Century, modeled after Alaska’s successful Permanent Fund.
Año de avances fiscales e incertidumbre económica
El 2022 cierra con un balance de avances fiscales y de incertidumbre económica. Los factores que apuntan al alza superan actualmente los riegos a la baja, debido principalmente a las proyecciones de la inversión federal en infraestructura. Pero esa inversión no está completamente bajo nuestro control y no es recurrente. Resulta imperativo, entonces, que Puerto Rico comience a diseñar una estrategia de crecimiento económico a mediano y largo plazo de cara al 2023.
Participation in The Brookings Institution 11th Annual Municipal Finance Conference
Watch Sergio M. Marxuach’s participation in the panel “Puerto Rico’s Bankruptcy: Lessons Learned for the Island and for the Muni Market”, part of The Brookings Institution’s 11th Annual Municipal Finance Conference
Tax Reform (Again)
The consensus in Puerto Rico is that a broad-based tax reform is long overdue. It is important to understand, however, that tax policy involves difficult trade-offs among various objectives. We at the Center for a New Economy believe the following principles should guide any tax reform effort in Puerto Rico.
Selected Highlights of the Fiscal Plan for Fiscal Year 2022
On January 27, 2022, the Fiscal Oversight and Management Board (“FOMB”) for Puerto Rico certified a new Fiscal Plan for Fiscal Year 2022. In this report, we highlight for our readers some of the most important components of the Fiscal Plan.
Desde Madrid: En el radar para el 2022
El primer mes del año es buen momento para pasar revista, por lo que aprovechamos para esbozar algunas de las discusiones que seguiremos de cerca desde España que pueden arrojar luz sobre temas fundamentales para Puerto Rico durante este año que recién inicia.
The Threefold Challenge to the Puerto Rican Economy
The Puerto Rican economy is simultaneously recovering from three systemic shocks: the COVID-19 pandemic, the considerable damage inflicted by Hurricanes Irma and Maria, and the upcoming creditor’s vote on the Plan of Adjustment negotiated by the FOMB.