Puerto Rico: Fiscal and economic growth challenges

The objective of this paper is to assess the challenges that Puerto Rico’s economy is currently facing. Puerto Rico’s development experience in the postwar period is briefly discussed in order to understand the nature of the island’s current situation. Puerto Rico’s recent economic performance, credit position, debt situation and fiscal conditions, including its complex capital structure and recently released fiscal and economic growth plan are also analyzed.Abstract .-- Introduction .-- I. Development experience in the postwar period .-- II. Recent economic performance .-- III. Puerto Rico’s credit position .-- IV. Fiscal conditions and debt situation .-- V. Looking ahea