In this Policy Brief, we will present an analysis of the principal components of the Generation Operation and Maintenance Agreement, including the basic structure of the transaction; the compensation of the Operator; the estimated savings to be generated as a result of hiring a private operator to operate and maintain the Legacy Generation Assets; the planned decommission of most of the existing facilities that currently use fossil fuels to generate electricity in Puerto Rico; and the resulting structure of Puerto Rico’s electricity market.
This report provides a detailed examination of short-term rentals activity in Puerto Rico and addresses several of the claims made by different groups through a detailed analysis focused on: hosting trends, and the industry’s effects on housing markets and affordability.
This Policy Brief focuses on the lack of effective coordination among the relevant stakeholders in the recovery process, set forth principles to guide the process, present policy priorities for both the emergency response to Fiona and the ongoing reconstruction related to María, and suggest a mechanism for effective coordination among and between all the relevant parties.
CNE already published an extensive analysis of the operation and maintenance agreement, back on August 2020. Our objective with this new analysis is to provide a succinct evaluation of the situation today, analyze the options available to the government of Puerto Rico, and hopefully clarify some of the confusion surrounding the operation of this public-private partnership agreement.
In this policy brief, we take a look at some of the most important findings of the Update to Feasibility Study of Implementing SNAP in Puerto Rico published in July 2022 and analyze their implications.
Several trends are currently converging, both worldwide and in Puerto Rico, to create the conditions for a rethinking of the process of economic growth and development. In this piece, we take a look at the current conditions, the risks, and the context in which these trends are developing.
In May of 2022, the Housing Policy Debate journal published a research article carried out by CNE’s research unit. This article contributes to the critical task of revealing postdisaster damages and reconstruction trends through a detailed examination of housing and personal property damages and benefits received through FEMAS’s Individual Assistance Program after Hurricane María.
The consensus in Puerto Rico is that a broad-based tax reform is long overdue. It is important to understand, however, that tax policy involves difficult trade-offs among various objectives. We at the Center for a New Economy believe the following principles should guide any tax reform effort in Puerto Rico.