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 […]
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