25 de abril de 2024

84°lluvia ligera

We are part of The Trust Project

Puerto Rico’s economy would benefit from a status change, says economist José Caraballo Cueto

A study by this university professor and economist warns, however, that there are no shortcuts to economic growth and that statehood or independence will represent “painful adjustments”

May 7, 2023 - 2:08 PM

Archival note

This content was published more than 6 months ago.

A pesar de la la preocupación por el efecto adverso que puede tener en las pymes, el economista José Caraballo Cueto (en la foto) vió con buenos ojos la Orden Ejecutiva de la gobernadora de cerrar el comercio para evitar contagios del COVID-19. (archivo)

Professor José Caraballo Cueto is the author of the case study titled "El Impacto económico de cambiar el status político de Puerto Rico". (archivo)

By José A. Delgado

Corresponsal de El Nuevo Día en Washington D. C.jose.delgado@gfrmedia.com

Washington D.C. - The options of statehood and independence may require “painful adjustments,” but, in the long run, they are likely to be better alternatives for Puerto Rico’s economic growth, according to a study by Puerto Rican university professor and economist José Caraballo Cueto.