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Caribbean Business

Economy

6 articles
Medical Tourism: A Sector with Untapped Potential and Underserved by Policy
Economy

Medical Tourism: A Sector with Untapped Potential and Underserved by Policy

Puerto Rico treats hundreds of medical travelers each year from across the Caribbean—patients who arrive not for convenience or cosmetic care, but because lifesaving services do not exist where they live. Throughout the years, the Puerto Rico government has made efforts to boost medical tourism, primarily with patients from the U.S. mainland, but without much […]

Eva Llorens
Permit reform top of mind for Legislative leadership
Economy

Permit reform top of mind for Legislative leadership

The Senate President argued that the current permit system allows for bureaucrats to make arbitrary decisions when evaluating permit applications Despite public disagreements with the governor about her proposed permit reform, House Speaker, Carlos “Johnny” Méndez and Senate President Thomas Rivera Schatz both expect to accomplish permit reform by the end of the legislative session.  […]

Maria Soledad
Puerto Rico’s Fiscal Board Nears a Turning Point Amid Political and Economic Questions
Economy

Puerto Rico’s Fiscal Board Nears a Turning Point Amid Political and Economic Questions

Nearly a decade after Congress imposed the Financial Oversight and Management Board through Promesa, Puerto Rico stands at a critical crossroads. While the Island has restructured most of its debt and restored fiscal stability in some areas, unresolved challenges—including Prepa’s bankruptcy, stalled fiscal reforms, and questions about long-term economic sustainability—continue to fuel debate over the Board’s legacy and Puerto Rico’s future after Promesa.

Maria Soledad