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Puerto Rico: Fiscal and economic growth challenges

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Author: Bustillo, Inés - Velloso, Helvia UN symbol.: LC/L.4078 41 p. Editorial: ECLAC October 2015

Description

The objective of this paper is to assess the challenges that Puerto Rico’s economy is currently facing. Puerto Rico’s development experience in the postwar period is briefly discussed in order to understand the nature of the island’s current situation. Puerto Rico’s recent economic performance, credit position, debt situation and fiscal conditions, including its complex capital structure and recently released fiscal and economic growth plan are also analyzed.

Table of contents

Abstract .-- Introduction .-- I. Development experience in the postwar period .-- II. Recent economic performance .-- III. Puerto Rico’s credit position .-- IV. Fiscal conditions and debt situation .-- V. Looking ahead