CNE – Centro Para Una Nueva Economía – Center for a New Economy
Non-profit, economic research and policy development organization
In 1923 John Maynard Keynes published his Tract on Monetary Reform, which was his first attempt to analyze the monetary instability that plagued the post-World War I world. In classic contrarian fashion, one of Keynes’ conclusions was that central bankers – by shackling tehemselves to the “barbarous relic” of the gold standard – were actually exacerbating monetary problems.
La crisis fiscal por la cual atravesamos ha provocado que nuestro gobierno tome una serie de medidas en busca de lograr estabilizar la situación. Por un lado ha aumentado varios renglones impositivos como el impuesto sobre la propiedad y una sobretasa especial para ciertos contribuyentes.
On June 29, the U.S. House of Representatives approved the American Clean Energy and Security Act by the narrow margin of 219 to 212. This comprehensive bill, which now moves on to the Senate, seeks to create clean energy jobs, achieve energy independence, and reduce global warming pollution.
Hace poco tuve una de esas experiencias frecuentes que nos unen a todos los puertorriqueños. Estaba tratando de resolver un problema por teléfono con una agencia de Gobierno.
In one of his best-known poems, William Butler Yeats wrote that there are times when things fall apart and the center cannot hold; when the best seem to lack all conviction and the worst run about full of passionate intensity. A pithy summary, perhaps, of the times we are living in Puerto Rico.
Como parte de nuestro programa de “Futuro fiscal”, y cumpliendo con nuestra misión de proveer análisis independiente y de alto rigor a los asuntos económicos importantes del país, el Centro para la Nueva Economía ha desarrollado una serie de indicadores sobre el desempeño fiscal de Puerto Rico los cuales acabamos de actualizar con la data del presupuesto recomendado por la actual Administración para el año fiscal 2009-10.
In 2008, the Center for the New Economy, in fulfillment of its mission to provide rigorous, independent analysis to policymakers, the press, and the public at large, established a fiscal analysis program to monitor and keep track of important fiscal trends affecting the Puerto Rican economy. As part of that program, we developed a series of budget performance indicators, which we have updated with data from the budget for fiscal year 2009-10.
Some economists in the U.S. have started to talk about the Great Recession of 2009 when analyzing the current economic downturn. In the U.S. alone, home equity lost, between 2006 and 2008, $4.2 trillion; the value of retirement assets has declined by $2.3 trillion; while other investments and savings show losses of an additional $2.5 trillion.
