Puerto Rico GDB head reacts to Barron’s cover story
August 27, 2013
Puerto Rico has made significant progress in addressing its financial challenges and continues to focus on taking aggressive action to achieve fiscal stability and promote economic growth, said Government Development Bank for Puerto Rico Acting ...
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Puerto Rico’s economic woes ‘hollowed out’ middle class
August 5, 2013
The economic transition that Puerto Rico has been going through for the past seven years has been “extremely painful” for many, as “employment trends have polarized the workforce and hollowed out the middle class,” according ...
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New taxes could reduce Puerto Rico’s real growth by 3.3%, slash 30K jobs in 2 yrs.
July 30, 2013
Preliminary analysis conducted by economic analysis firm Heidie Calero Consulting Group suggests the impact of new taxes implemented in Puerto Rico this month could lead to a reduction of 3.3 percent real growth during the ...
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