Puerto Rico Economic Pulse ©

January 2006: The Emergence of Chindia

A clear and present danger for Puerto Rico

China and India have become the new growth poles in the world economy. With more than one third of the world population, both economies possess enough dynamism and weight to transform the global economy. The world had never seen a simultaneous takeoff of two countries that combine their strengths well enough to challenge the US economy dominance.  By mid century, China is expected to take the #1 position from the US and India will be the third biggest world economy ahead of Japan. If these two countries converge into the Chindia Region, they will take over the world tech industry. With such challenges ahead, how does Puerto Rico stand in this new world order and what will it take to compete?