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A New Framework for Economic Revitalization in Puerto Rico

Anchored to blue economy and resilience principles

This article was updated on 9/17/2022 to clarify certain information and add additional detail. In September 2017, Puerto Rico was hit by a catastrophic double whammy — Hurricane Irma and, just two weeks later, Maria, both devastating storms with Category 4+ winds. With an already struggling economy and failing infrastructure, the impact was calamitous: loss of everything from power and water to communications systems and basic services. It took more than 200 days to restore power to the entire island, according to the Rand Corporation. A year later, the government of Puerto Rico released an ambitious, 515-page blueprint for economic…

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Anne Field is an award-winning business journalist, writer and editor. Her work has been published in Crain’s New York Business, CNBC.com, The New York Times, Wealthmanagement.com and many other places. Her blog Not Only for Profit, which covers social entrepreneurship and impact investing, appears in Forbes. Anne has a deep ... Read more

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