PUERTO RICO'S ECONOMIC FUTURE: UTOPIA OR DYSTOPIA - Manuel Morales Jr.

PUERTO RICO'S ECONOMIC FUTURE: UTOPIA OR DYSTOPIA - Manuel Morales Jr.

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Four interrelated assertions form the central premise of this commentary on Puerto Rico's economy:
  • An underutilized and unproductive relationship with the United States as a result of Puerto Rico's long-lasting economic dependency on fiscal federalism and partisanship.
  • This dependency has muted the island's interest, need and determination to recognize and empower our most significant economic resource: Small and Medium Size Enterprises (SMEs), family businesses and local capital. 
  • Disregard of good governance, strategic intent, purpose and definition of the island's economic role in the 21st century's technology centered global geography. 
  • Politically expedinet proposals must give way to economic development strategies and programs based on constitutional mandates to improve Puerto Rico's prosperity, wellbeing and standard of living.