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.
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On the 5th anniversary of the enactment of PROMESA, the CNE Review takes a look at how PROMESA has evolved, what has been overlooked, its costs to Puerto Rico, and its consequences. The unavoidable conclusion is that the territorial bankruptcy regime set up by law has failed to achieve most of the goals set forth by its authors.
On June 30, 2016, President Obama signed into law the Puerto Rico Oversight and Management Economic Stability Act. As we look back and take stock of the events that have taken place since 2016, the unavoidable conclusion is that the territorial bankruptcy regime set up by that law has failed to achieve most of the goals set forth by its authors.
In the first edition of our new publication, the CNE Review, we take stock of the post-storm reconstruction and recovery process as we approach the beginning of yet another hurricane season in the Atlantic Ocean.
It has been about three years and eight months since Hurricane Maria struck Puerto Rico on September 20, 2017. It is a good time as any, to take stock of the post-storm reconstruction and recovery process as we approach the beginning of yet another hurricane season in the Atlantic Ocean.
En el Centro para una Nueva Economía, al igual que el resto de Puerto Rico, hemos quedado conmocionados y visto con gran consternación los hechos recientes de violencia de género que han provocado la muerte de hermanas puertorriqueñas.
Last week, the Office of the Inspector General of the HUD released a 45-page report which detailed the multiple instances when the political leadership in OMB, a critical control center within the Executive Office of the President, purposefully delayed processes to release disaster aid.
The FOMB for Puerto Rico certified a new fiscal plan for the central government on Friday, April 23. The new Fiscal Plan, just like the others, is based on four core elements: (1) budget consolidation (spending cuts and revenue increases); (2) structural reforms; (3) debt relief; and (4) federal funding for disaster relief and COVID-19 assistance.
This week, we analyze the recent report released by HUD’s Inspector General, which describes the Trump administration’s shenanigans in disbursing hurricane relief aid to Puerto Rico. Then we provide a brief analysis of the role of federal funds in the new Fiscal Plan for Puerto Rico, certified by the FOMB. Our Data Snapshot presents a quick update on the status of CDBG-DR funding for Puerto Rico.
