The CNE report urges Puerto Rico’s policymakers, private sector leaders, and civil society to remain proactive in responding to these shifts. #NewsismyBusiness
The Center for a New Economy envisions a modern approach that considers opportunities across all sectors of the economy. #NewsismyBusiness
While the PR100 Study is nonbinding for Puerto Rico, it would be a mistake if our decision-makers ignore its findings, the CNE stated. #NewsismyBusiness
The Center for a New Economy is a nonpartisan, independent nonprofit organization. #NewsismyBusiness
This edition of Climbing the Corporate Ladder features new leadership appointments at DDB Latina, the National Restaurant Association Educational Foundation, Puerto Rico Green Energy Trust Board, and the Center for a New Economy. #NewsismyBusiness
Head of Center for a New Economy among speakers in natural disasters and resiliency panel.
The current economic environment is also characterized by significant uncertainty and downside risks.
Puerto Rico’s short term economic performance is “overshadowed by a large cloud of uncertainty,” as the island’s government concurrently addresses the impacts of three systemic shocks: the COVID-19 pandemic; Hurricane María; and the central government’s bankruptcy, said Sergio Marxuach, Center for a New Economy’s Policy Director and Editor of the think tank’s publication: The CNE […]
Five years after the approval of the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA), the objectives, achievements and successes attained fall short, the Center for a New Economy concluded in the latest edition of its “CNE Review.” In it, the CNE examines PROMESA since its enactment in June 2016, makes an inventory of […]
The Center for a New Economy (CNE) published a policy brief on the resources assigned to Puerto Rico by the federal government for reconstruction and recovery after Hurricane María, up to March 31, 2021 and called for a wider discussion of how these funds will be used. “Obligating and spending the federal funding assigned for […]
The Financial Oversight and Management Board for Puerto Rico (FOMB) has until Feb. 10 to present a Plan of Adjustment (POA), or at least a summary of the main terms thereof, to modify the central government’s debts with various groups of creditors. These debts include General Obligation bonds, bonds issued by the Public Buildings Authority, […]
Puerto Rico is facing several simultaneous crises, each one superimposed on top of the other. This situation demands a robust response from the government of Puerto Rico precisely when its capacity to execute is limited by bankruptcy, the politicization of public employment, years of austerity policies, and corruption. This conjunction of an overwhelming agenda and […]
The local financial sector “failed miserably in Puerto Rico’s hour of need” by not helping to close more loans and secure aid for the island’s small business sector through the Paycheck Protection Program, the Center for a New Economy concluded in an analysis of the effects of the federal initiative. The island failed to take […]
The current phase of Puerto Rico’s post-disaster recovery will be defined primarily by the urgent need for housing, a panel of local and international experts convened by the Center for a New Economy to discuss housing policy in post-disaster contexts. Federal funding, such as the Community Development Block Grant-Disaster Recovery (CDBG-DR) funds, will be instrumental […]
For the sixth year in a row, Puerto Rico’s Center for a New Economy (CNE) has been included in the most recent edition of the 2018 Global Go To Think Tank Index Report published by the Think Tanks and Civil Societies Program (TTCSP) at the University of Pennsylvania’s Lauder Institute. CNE was recognized in the […]
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