Puerto Rico Economy Project

Established in 2011, the Puerto Rico Economy Project (PREP) is directed by Gustavo Setrini.The project has developed a number of approaches to investigating optimal path for development which have been applied to set of sectoral and thematic studies that aim to provide a conceptual and empirical basis to design new economic development strategies for the Island. Led by senior faculty, researchers, and graduate students, the studies focus on manufacturing, agriculture, pharmaceuticals, medical services, and education, among other topics.

One of the first activities in the program was the Global Entrepreneurship Lab led by Professor Richard Locke, in which students explored barriers to entrepreneurship in Puerto Rico and proposed strategies to expand local firms.

The goal of the program is to develop recommendations for economic policy and expanding economic activity across distinct sectors of the Puerto Rican economy.