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NPRChamber Releases Report on Puerto Rico's Economy

The National Puerto Rican Chamber of Commerce (NPRChamber) today released its report on Puerto Rico’s economy, which discusses its currently distressed economic status, as well as some of the historical factors that have led to its current state. Entitled “Puerto Rico’s Economy: A brief history of reforms from the 1980s to today and policy recommendations for the future,” the report further describes some of the structural reforms that have taken place over the last several decades, and concludes with a discussion of policy alternatives that should be considered for the present economy and into the future. “Over the last decade, Puerto Rico has undergone a number of policy shifts that have impacted its economy. But these changes have been but a brief moment in the context of what really led to Puerto Rico’s current economy,” said Executive Director Justin Vélez-Hagan. “Only through hindsight can we begin to understand what has led to the economic environment of Puerto Rico today,