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9780815715504

Restoring Growth in Puerto Rico Overview and Policy Options

by ; ;
  • ISBN13:

    9780815715504

  • ISBN10:

    0815715501

  • Format: Paperback
  • Copyright: 2006-05-17
  • Publisher: Brookings Institution Press

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Summary

Puerto Rico is at an important crossroad. After emerging as one of the world's fastest-growing economies following World War II, the island's growth has slowed over the past quarter century. Although they are American citizens, nearly half of Puerto Rico's residents lived below the U.S. poverty line at the close of the millennium-and the income gap relative to the mainland was widening.

Table of Contents

Foreword vii
Preface ix
Acknowledgments xiii
Introduction
1(4)
Susan M. Collins
Barry P. Bosworth
Miguel A. Soto-Class
Economic Growth
5(14)
Barry P. Bosworth
Susan M. Collins
Labor Supply and Public Transfers
19(12)
Gary Burtless
Orlando Sotomayor
Why Don't More Puerto Rican Men Work? The Rich Uncle (Sam) Hypothesis
31(12)
Maria E. Enchautegui
Richard B. Freeman
Education and Economic Development
43(12)
Helen F. Ladd
Francisco L. Rivera-Batiz
The Climate for Business Development and Employment Growth
55(10)
Steven J. Davis
Luis A. Rivera-Batiz
Assessing Puerto Rico's Fiscal Policies
65(14)
James Alm
Financing Economic Development
79(12)
Rita Maldonado-Bear
Ingo Walter
Trade Performance and Industrial Policy
91(12)
Robert Z. Lawrence
Juan Lara
Restoring Growth: The Policy Options
103(22)
Barry P. Bosworth
Susan M. Collins
References 125(4)
Contributors 129(2)
Index 131

Supplemental Materials

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