Puerto Rico’s changing economic landscape will prompt banks to keep a tight grip on their activites until risks recede, an analysis by H. Calero Consulting firm concluded. The “retrenching,” as the firm called it, will likely lead banks to remain a “passive sector, one that, in the future, stands to react rather than lead the […]
In a recently released paper, the firm predicted that while growth for the 2018 calendar year will be “0,” prospects for 2019 depend on the amount and rate of federal funds disbursed for the island’s recovery efforts.
Under “Austerity vs. Green Growth for Puerto Rico” plan proposed by Amanda Page-Hoongrajok, Shouvik Chakraborty and Robert Pollin, Puerto Rico would the possibility of establishing a viable domestic energy infrastructure.
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