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Volume 52, September/October 2017, Number 5 · pp. 323-324

Letter from America

The Puerto Rican Saga

Anne Krueger

Two years ago, Andrew Wolfe, Ranjit Teja and I prepared a report on the economic situation and outlook for the Puerto Rican economy. The picture was bleak: economic stagnation (if not retrogression), fiscal crisis and unpayable debt-servicing obligations. We presented evidence that without serious policy actions on three fronts – measures to improve growth prospects, address fiscal imbalances and deal with the debt – the outlook was dismal.

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This Intereconomics article is available for free at this page after an embargo period of two years. Reading it before October 2019 is possible via SpringerLink or in the next library.