Puerto Rico’s fiscal crisis is the direct result of poor governance and mismanagement, and an inefficient welfare system and over-regulation is only making things worse, argued a five-member expert panel meeting in Washington.
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QUOTE OF THE WEEK:
“Policies enacted by the [Government of Puerto Rico] do not reflect the urgent needs of the electric power sector. On the contrary, many policies are likely to undermine reliability.”
— RAND’s “Priority Recommendations for Puerto Rico to Promote Well-Being and Economic Growth”
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