CNE – Centro Para Una Nueva Economía – Center for a New Economy
Non-profit, economic research and policy development organization
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This year at CNE, our highly motivated and capable team has grown and continues to work arduously to help Puerto Rico recover. With the support of people like you, we find ourselves immersed in some important projects and initiatives.
During the past few months a narrative has taken hold, on both sides of the political spectrum, that Puerto Rico is “using federal disaster relief funds to pay bondholders”. This narrative is wrong and dangerously simplistic.
El 20 de junio de 2018 se aprobĂł la Ley 120 para “Transformar el Sistema ElĂ©ctrico de Puerto Rico” y “para autorizar el marco legal requerido para la venta, disposiciĂłn y/o transferencia de activos, operaciones, funciones y servicios de la Autoridad de EnergĂa ElĂ©ctrica (la “AEE”)”, y para otros fines relacionados.
Hemos recibido su carta del 18 de octubre de 2018, mediante la cual nos solicita nuestra posiciĂłn y sugerencias sobre enmiendas al Proyecto del Senado NĂşmero 1121 (“P. del S. 1121”), ante su consideraciĂłn para “crear la Ley de PolĂtica PĂşblica EnergĂ©tica de Puerto Rico” y para otros fines relacionados.
It has been a little over a year since Hurricane MarĂa fractured Puerto Rico’s infrastructure and its demographic and economic landscape. Currently, all the critical infrastructure—electricity, water, telecommunications, schools, and hospitals—is functional.
In the wake of the devastation resulting from hurricane MarĂa, the United States Federal Government mobilized numerous emergency relief efforts in Puerto Rico. Traditionally, Federal disaster response has been thought of as the “silver lining” that stems from a catastrophic event, given the millions of US Government dollars that are pumped into the local economy.
A continuaciĂłn, la ponencia presentada ante la ComisiĂłn Especial de Asuntos de EnergĂa del Senado de Puerto Rico por el Director de PolĂtica PĂşblica del Centro para una Nueva EconomĂa, (CNE) Sergio Marxuach, el 30 de agosto de 2018
On July 31, the government of Puerto Rico, the Puerto Rico Electric Power Authority (PREPA), and the Financial Oversight and Management Board (FOMB) announced a preliminary agreement aimed at restructuring a part of PREPA’s indebtedness with a group of unsecured bondholders.
