Puerto Rico - Future trends



Puerto Rico has excellent prospects for future economic growth and development. The incentives for domestic and foreign investment provided by the U.S. government are highly successful and show no signs of slowing down. The island's severe lack of natural resources has been overcome by the practice of mixing local labor with external capital to produce a booming import/export economy. Improving social and economic conditions on the island may slow economic progress as Puerto Rican outmigrants return to the island from the continental United States. It is unlikely that the small independence movement will gain enough strength to be effective, but the United States is bound to respect Puerto Rican self-determination in regular plebiscites. If Puerto Ricans were to choose independence over commonwealth status, economic stability would be a significant challenge. Realistically speaking, the Puerto Rican economy is strong and well developed, and all signs point to a future of growth and prosperity.

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