Puerto Rico Economic Pulse ©

May 2004: Managing a Priceless Asset

Enhancing competitiveness requires improving water management

No social or economic development goals can be met without adequate and efficient provision of water. In simple words: water is vital, without it, life cannot exist. Despite the fact that water is an infinitely renewable resource and that Puerto Rico is well endowed with water resources, the faces a tremendous challenge in improving water management. Ensuring quality of service, maintaining water reserves, and revamping the water governing system require critical measures for enhancing future quality of life and competitiveness. This issue analyses the challenges of managing water in, a task that has bounced from the Government to the private sector and back to the hands of the Government.