Puerto Rico Economic Pulse ©

March 2014: Time to Realize ICT’s Potential

Some suggestions to make it happen in PR

For too long, PR has ignored the limitless possibilities that can come from the Information Communication Technology (ICT). This has resulted in lackluster growth and productivity when compared to the leaders of the industry. It is time to take matters into our own hands and learn from our competitors while using our own distinct advantages to become competitive and attractive for foreign investment. PR has a relatively untapped broadband market that can lead to massive amounts of growth in GDP and jobs. Educational institutions in the island need to adopt this technological platform if they are to provide the world with some of the most capable engineers, doctors, and other professionals for a fraction of the cost incurred in the US. By improving the information infrastructure; creating competition; and harnessing our workforce with Computer Science, and fostering an entrepreneurial spirit, PR can also experience the same kind of growth that leaders in ICT in other countries are experiencing.