Recomendaciones para atender la difícil situación fiscal de Puerto Rico

El cuadro fiscal que enfrenta Puerto Rico ha forzado a la presente administración a tomar unas medidas difíciles, pero sumamente necesarias, para atender las exigencias presupuestarias que han puesto de relieve algunos de los problemas estructurales que demuestra la estructural fiscal de Puerto Rico. Aunque las explicaciones sobre cómo llegamos a esta situación varían, el Read More

Restructuring the Puerto Rico Electricity Sector

The availability of high quality, reliable and cost efficient electric power is of strategic importance for the future economic development of Puerto Rico. This means that without access to relatively affordable and reliable electric power it will be extremely difficult, if not outright impossible, to promote sustained growth in basically any area of economic endeavor Read More

Building a Nation of Owners: Utilizing Credit Unions to Increase Financial Access and Expand Asset Ownership in Puerto Rico

In the 21st century, having access to a basic bank account has been compared to securing access to reliable “electricity, running water and telephone service.”1 Other commentators have gone further to declare that having access to financial services is “critical to success in the American economy.”2 Yet in 2002 in Puerto Rico, where we have Read More

Reaping the Benefits of Work: A Tax Credit for Low-Income Working Families in Puerto Rico

Puerto Rico has to overhaul its anti-poverty strategy, moving away from programs that create dependency towards programs that promote self- sufficiency. Current government welfare programs are particularly ill-designed for working poor families. Moreover, regressive excise and Social Security taxes are detrimental to low-income families trying to make ends meet. An Earned Income Tax Credit Program Read More