Puerto Rico is a Hispanic American nation under the sovereignty of the United States of America; this fact makes it a particular case when discussing economic freedom in the Americas. Puerto Rico was ceded to the United States as a result of the Spanish-American War and the Treaty of Paris (1898).
Perspectives on Economic Freedom in Puerto Rico Read More »
The existence of a business-friendly environment that facilitates investment, entrepreneurship, and business growth is of utmost importance for the economic development of any country. This becomes more relevant today, as companies, entrepreneurs, and productive factors—always scarce—can relocate to places where conditions are more favorable, creating a status quo in which countries constantly compete—at both regional and global scales—to attract investment and talent.
Lights and Shadows of the Puerto Rican Business Environment Read More »
The general objective of this study was to assess the knowledge of the main principles of economic liberty and the free market, and the affinity with them in Puerto Rico.
Free Market in Puerto Rico 2022 Read More »
The preliminary costs of the bankruptcy, amounting to $1 billion so far, should be a powerful incentive for us to force structural reforms that will save Puerto Rico from a second bankruptcy and an economic cliff. It would be an act of collective folly to ignore the reasons that led us into the fiscal hole and to have become the first state government in the United States to file for bankruptcy.
The reforms that will save Puerto Rico Read More »
This study examines the scope and specific burdens of occupational licensing and documents the licensing requirements for 102 lower-income occupations across all 50 states, Puerto Rico, and the District of Columbia.
License to Work (3rd Edition): Licensing in Puerto Rico Read More »
This annual report measures the extent to which the policies of individual jurisdictions are supportive of economic freedom. Puerto Rico was included in 2022, for the first time, shedding light on the components and areas that affect the ability of individuals to participate in the economic sphere without undue restrictions.
Chapter 3: A First Look at Economic Freedom in Puerto Rico Read More »
Thanks to the research carried out over the past few months, Puerto Rico will be part of three important economic freedom and free-market indexes.
Puerto Rico and the Indices of Economic Freedom Read More »
Migration is used as a factor to assess the economic freedom of regions, states, and localities. When we investigated the inbound and outbound domestic migration trends of the US, from 2011 to 2019, we found that states and territories where economic freedoms were promoted had higher inbound migrations.
The states and territories, their domestic migration and the economic liberty Read More »
Opening Florida’s market would provide a much‐needed dose of competition. Federal and state regulations create so many barriers to competition that in 2019, just two insurers controlled 92% of Florida’s individual health insurance market. Allowing insurers in Puerto Rico, Guam, and the U.S. Virgin Islands to compete in a market as vast as Florida’s could create an economic boom in those territories.
Give Floridians Additional Choices Alongside Obamacare Read More »
Faced with the failure of the State and with it the ability to finance populist measures, there is no other route than to build a society and an economy based on entrepreneurship and business initiative. Individual freedom and the promotion of self-effort as guiding principles of a new socioeconomic model supposes a complete reengineering of the prevailing thought during the second half of the 20th century and so far in the 21st century.
Entrepreneurship or populism: the two routes for Puerto Rico Read More »
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