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The economy of Puerto Rico is classified as a high-income economy by the World Bank and as the most competitive economy in Latin America by the World Economic Forum. [14] [15] The main drivers of Puerto Rico's economy are manufacturing, which primarily includes pharmaceuticals, textiles, petrochemicals, and electronics; followed by the service industry, notably finance, insurance, real estate ...
The Puerto Rico Center for the New Economy (CNE) —Spanish: Centro para la Nueva Economía— is an economy-centered think tank that has emerged as an incubator for future economic public policy in that United States territory. [1]
Puerto Rico’s Department of Economic Development has been collaborating with the IRS in its investigation into about 100 cases involving possible Act 22 fraud. Fontan said this collaboration has ...
He is the author of "Economy of Puerto Rico: Trends and Prospects", published by Thomson Learning, a book that is currently used as a text in the current Economic and Social Development of Puerto Rico and other courses on the Puerto Rican economy. The book is based on his doctoral thesis unprecedented Wealth Distribution in the Puerto Rican ...
GeoGuessr is a browser-based geography game in which players must deduce locations from Google Street View imagery. The game includes various modes, ...
In 2012, there were 13,159 farms in Puerto Rico. [9] While not a state, Puerto Rico is a member of the Southern United States Trade Association, a non-profit organization that assists the agriculture industry in developing its exports. [10] In early 2020, farm owners in Ponce reported on the continuing challenge of finding laborers. [11]
The repeal of the Section 936 corporate tax exemptions, along with the Great Recession, caused a sharp economic downturn in Puerto Rico. [22] Between 2007 and 2017, Puerto Rico's gross national income declined by 14 percent. In 2015, 46 percent of the population in Puerto Rico lived below the federal poverty line, compared to the U.S. national ...
In addition to Members of Congress, fifteen non-governmental organizations including NRDC, GRID Alternatives, Community Foundation of Puerto Rico, Environment America, and the League of Conservation Voters all wrote a letter to President Biden asking that he appoint new commissioners to FOMB's board who would protect rooftop solar and storage ...