Culpa tuya

Creo que hablo a nombre de la gran mayor铆a de los puertorrique帽os cuando digo que no me importa de qui茅n sea la culpa de la degradaci贸n del cr茅dito de Puerto Rico. S贸lo me importa que se resuelva el problema y mejore la clasificaci贸n lo antes posible. Es importante reconocer que la degradaci贸n viene, en gran parte, no por los problemas fiscales, sino por la percepci贸n de que no hay voluntad seria para enfrentarse a ellos.

Neither a lender nor a borrower be

The Acevedo Vil谩 administration has recently introduced a bill (HR 1579) to impose an additional temporary tax of 4 percent on corporations and partnerships that provide financial services in Puerto Rico. In our view, the proponents of the tax have ignored a basic tenet of economics, namely, that people, including corporations, respond to incentives.

Por ah铆 viene el temporal

Lo bueno de los huracanes es que te dan tiempo para prepararte. No se han juntado completamente dos nubes en las cosas de 脕frica cuando ya en Puerto Rico estamos comprando salchichas y llenando la ba帽era de agua. Ya quisieran los que sufren de terremotos y tornados tener una semana para contemplar si hacerle caso o no.

Channeling People Into the Economic Mainstream: Financial Access in Puerto Rico

A significant segment of the Puerto Rican population, 36%, is unbanked. These households tend to be extremely poor, with an average income of $8,472, and headed by older single unemployed females with a less than average education. Close to 50% of all unbanked households are located in the greater San Juan area. This lack of financial access precludes unbanked households from enjoying benefits associated with asset accumulation which exist in addition to the benefits conferred by the ability to defer consumption and creates a major obstacle for the implementation of asset-based policies to reduce poverty in Puerto Rico.