Puerto Rico

Lights and Shadows of the Puerto Rican Business Environment

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.

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Alberto Gómez Hernández

March 26, 2024
Lights and Shadows of Puerto Rican Business

The reforms that will save Puerto Rico

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.

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Gustavo Velez
March 23, 2023

Chapter 3: A First Look at Economic Freedom in Puerto Rico

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.

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Ángel Carrión-Tavárez

January 9, 2023
Economic Freedom of North America 2022

The states and territories, their domestic migration and the economic liberty

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.

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Milton J. Quiles
May 25, 2022
The states and territories

Give Floridians Additional Choices Alongside Obamacare

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.

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Uncategorized
Michael F. Cannon
May 16, 2022
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