Re:Without Power, Puerto Rico Is Cash Only
by djKianoosh on Sunday October 01, 2017 @08:20AM
(#15377509)
thats not so simple. I have a feeling wall st and congress dont want that to happen...
but im no expert
[ Parent
| on HN ]
Wall St. would love to be able to sell stuff to Puerto Rico with less overhead. It's just the US shipping companies and sailors that really like having a monopoly on trade with Puerto Rico. (There are other things about Puerto Rico's lack of statehood that Wall St likes a lot, but the Jones Act isn't one of them)
Re:Without Power, Puerto Rico Is Cash Only
by djKianoosh on Sunday October 01, 2017 @03:01PM
(#15379255)
sounds like you are well versed here. would love to read more about it. please share if you have sources. it's hard to find good analysis of PR that isnt blatantly political.
Re:Without Power, Puerto Rico Is Cash Only
by javiramos on Sunday October 01, 2017 @07:31PM
(#15380534)
Some good sources of information:
- Report on the Competitiveness of Puerto Rico's Economy [1] - An Update on the Competitiveness of Puerto Rico's Economy [2] - Characteristics of the Island's Maritime Trade and Potential Effects of Modifying the Jones Act [3] - Shipping Co.: Maritime Cabotage Complicates Logistics and Adds Costs [4]
[1] https://www.newyorkfed.org/medialibrary/media/regional/Puert... [2] https://www.newyorkfed.org/medialibrary/media/outreach-and-e... [3] http://www.gao.gov/products/GAO-13-260 [4] http://reports.weforum.org/global-enabling-trade-2013/view/s...