Puerto Rico Economic Pulse ©

October 2014: Game Changers in Puerto Rico

Analysis of key strategies to resume economic activity

According to the Merriam Webster Dictionary, a game changer is a newly introduced element or factor that changes an existing situation or activity in a significant way. Over the past eight years, the Puerto Rico economy has been in a terrible slump. Fiscal priorities have taken precedence over economic policies and time is running out. We have eroded our tax base and maximized the limits of public debt of the Central Government as well as its public corporations. Our objective is to provide a concise but compelling look at some key elements that will change the course of the PR economy and lead us to the path of recovery and growth, if only there is the leadership to execute and implement tough choices. This issue focuses on drivers and strategies that we know can work yet nothing happens.