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Restoring growth in Puerto Rico [[electronic resource] ] : overview and policy options / / Susan M. Collins, Barry P. Bosworth, and Miguel A. Soto-Class, editors



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Titolo: Restoring growth in Puerto Rico [[electronic resource] ] : overview and policy options / / Susan M. Collins, Barry P. Bosworth, and Miguel A. Soto-Class, editors Visualizza cluster
Pubblicazione: Washington, D.C., : Brookings Institution Press
San Juan, Puerto Rico, : Center for the New Economy, c2006
Edizione: 1st ed.
Descrizione fisica: 1 online resource (151 p.)
Disciplina: 338.97295
Soggetto topico: Economic history
Soggetto geografico: Puerto Rico Economic policy
Puerto Rico Economic conditions 1952-
Altri autori: CollinsSusan Margaret  
BosworthBarry <1942->  
Soto-ClassMiguel A  
Note generali: Description based upon print version of record.
Nota di bibliografia: Includes bibliographical references (p. 125-128) and index.
Nota di contenuto: Introduction / Susan M. Collins, Barry P. Bosworth, and Miguel A. Soto-Class -- Economic growth / Barry P. Bosworth and Susan M. Collins -- Labor supply and public transfers / Gary Burtless and Orlando Sotomayor -- Why don't more Puerto Rican men work? The rich Uncle (Sam) hypothesis / María E. Enchautegui and Richard B. Freeman -- Education and economic development / Helen F. Ladd and Francisco L. Rivera-Batiz -- The climate for business development and employment growth / Steven J. Davis and Luis A. Rivera-Batiz -- Assessing Puerto Rico's fiscal policies / James Alm -- Financing economic development / Rita Maldonado-Bear and Ingo Walter -- Trade performance and industrial policy / Robert Z. Lawrence and Juan Lara -- Restoring growth: The policy options / Barry P. Bosworth and Susan M. Collins.
Sommario/riassunto: A Brookings Institution Press and the Center for the New Economy publication As a territory of the United States, Puerto Rico enjoys the benefits of key U.S. legal, monetary, security, and tariff systems, and its residents are U.S. citizens. In the decades following World War II, Puerto Rico emerged as one of the world's fastest-growing economies. From 1950 to 1970 per capita income nearly doubled as a percentage of the U.S. average, making the island the richest economy in Latin America. Since the mid-1970s, however, labor force attachment has declined, economic growth has slowed, and the island's living standards have fallen further behind those on the mainland. Today more than half of all Puerto Rican children live below the U.S. poverty level. Why did Puerto Rico's economic progress stall? And more important, what can be done to restore growth? A number of overlapping concerns--labor supply and demand, entrepreneurship, the fiscal situation, financial markets, and trade----are at the heart of its economic difficulties. This is a companion volume to Restoring Growth: The Economy of Puerto Rico (Brookings, 2006), in which economists from Puerto Rico and the United States examine the island's economy and propose strategies for sustainable growth. This monograph summarizes the analyses published in that volume and presents a set of policy recommendations to increase employment, improve education, upgrade infrastructure, and fix government finances. Contributors include James Alm (Georgia State University), Barry P. Bosworth and Gary Burtless (Brookings Institution), Susan M. Collins (Brookings Institution and Georgetown University), Steven J. Davis (University of Chicago), Mar#65533;a E. Enchautegui, Juan Lara, Luis A. Rivera- Batiz, and Orlando Sotomayor (University of Puerto Rico), Richard B. Freeman and Robert Z. Lawrence (Harvard
University), Helen F. Ladd (Duke University), Rita Maldonado-Bear and Ingo Walter (New York University), Francisco L. Rivera-Batiz (Columbia University), and Miguel A. Soto-Class (Center for the New Economy).
Titolo autorizzato: Restoring growth in Puerto Rico  Visualizza cluster
ISBN: 0-8157-1559-5
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910823514203321
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