Puerto Rico Economic Pulse ©

February 2001: Thou Shall Not

An Analysis of Puerto Rico’s New Banking & Insurance Laws

During this millennium year, the rules that defined the boundaries between insurance, investment banking, and commercial banking sectors for more than half a century are gone. Powered by the new federal law Gramm-Leach-Bliley Act of 1999, businesses in these sectors are creating holding companies that will enable them to tap into each other’s markets. What are the advantages and disadvantages of commercial banking participation in the sale of insurance products? Learn the implications of the participation of the banking sector in the local insurance business in Puerto Rico.

Puerto Rico Economic Pulse ©

January 2001: The Housing Affair

Key Factors and Trends that Impact Housing Activity in Puerto Rico

The pace of home building in Puerto Rico during the 1990`s differs sharply from that of the previous decade. From 1980 to 1990, residential construction activity scarcely grew 3% a year. In the 1990`s, however, housing activity accelerated considerably and its importance in the economy increased. In light of this recent experience, an important economic question emerges: Will this faster growth of the 90`s continue in the years ahead, will it stabilize, or will it slow? Many economic factors affect housing. Among the most important of these factors is demographics – influences such as population growth, changes in the age structure, and changes in the formation of households. Find out how growth in the number of households will impact the demand for housing.