CNE – Centro Para Una Nueva Economía – Center for a New Economy
Non-profit, economic research and policy development organization
Stay informed on key issues and policy matters regarding Puerto Rico by browsing our extensive list of publications.
Access over 700 pieces with in-depth analysis and up-to-date insights.
The Housing Reconstruction Monitoring Dashboard is an interactive and dynamic tool that provides detailed data, at the municipal level, on housing damages and reconstruction investments related to Hurricanes Irma and María.
There is a lot of activity going on in Washington, D.C. these days. Back in August, the Senate approved a $1 trillion bipartisan infrastructure bill. That bill, however, has been on hold in the House, as Democrats negotiated amongst themselves the contents of the Build Back Better (“BBB”) bill. We are still combing through the text, but to keep you informed, we wanted to share some of the key points in the BBB bill regarding Puerto Rico as of today.
The recent outages of Puerto Rico’s electric system have generated plenty of uninformed debate. That situation prompted us to go through the archives and look up the Official Statements for PREPA’s last two bond offerings, dated April 12, 2012 and August 15, 2013, respectively. These documents contain a wealth of data and information about Puerto Rico’s electricity system.
In this edition of the CNE Review, we take a look at some of the early events that foretold the demise of Puerto Rico’s energy system to the shortcomings of the recent agreement with LUMA for the operation and maintenance of the electric grid. We also provide recommendations as to what can be done to tackle the ongoing crisis.
Recently, we have been hearing some unreasonably rosy statements about how well the Puerto Rico Electric Power Authority used to work. That is why I looked up the Official Statements for PREPA’s last two bond offerings, dated April 12, 2012, and August 15, 2013. These documents contain a wealth of data and information about Puerto Rico’s electricity system.
In a short three years, CNE has not only elevated and persuaded Congress and the Executive to more adequately address Puerto Rico’s challenges, but it has achieved substantial changes in federal law.
The Puerto Rican economy is simultaneously recovering from three systemic shocks: the COVID-19 pandemic, the damage inflicted by Hurricanes Irma and Maria, and the upcoming creditor’s vote on the Plan of Adjustment negotiated by the FOMB. We dedicate this issue to analyzing these three challenges confronting Puerto Rico.
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.
