"Federal funds" and the Puerto Rican economy: Myths and realities
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Redalyc
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| Natura: | Artículo científico |
| Lingua: | en |
| Pubblicazione: |
The City University of New York
2007
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| _version_ | 1876438566624559104 |
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| author | Emilio Pantojas-García |
| author_facet | Emilio Pantojas-García |
| contents | "Federal funds" and the Puerto Rican economy: Myths and realities Emilio Pantojas-García Sociología welfare subsidies tax policies transfer payments fiscal incentives Federal expenditures in Puerto Rico between 1975 and 2000 grew atan accelerated pace creating the perception of an economydependent on federal welfare. An analysis was conducteddisaggregating federal disbursements into three categories,expenditures of federal agencies, transfer payments and grants.Further analysis was conducted by analyzing the components ofeach category: unilateral transfers, transfers for paid or earnedbenefits, priorities of federal government agencies expenditures,etc. The analysis showed that: (1) the level of federal transfersgrew dramatically during the 1970s but remained stable since the1980s; (2) the greater portion of federal transfers to residents ofPuerto Rico came from pensions or benefits earned for servicesrendered to the federal government or paid for by individuals whilethey were active in the workforce (social security, pensions,veterans benefits); (3) changes in the operating expenditures offederal agencies in Puerto Rico follow primarily the changingpriorities of the United States government in Puerto Rico; and (4)federal subsidies to Puerto Rico benefit directly greatly U.S.corporations. 2007 artículo científico 1538-6279 https://www.redalyc.org/articulo.oa?id=37719211 en http://www.redalyc.org/revista.oa?id=377 Centro Journal application/pdf The City University of New York Centro Journal (Estados Unidos de América) Num.2 Vol.XIX |
| format | Artículo científico |
| id | redalyc_37719211 |
| institution | Redalyc |
| language | en |
| publishDate | 2007 |
| publisher | The City University of New York |
| spellingShingle | "Federal funds" and the Puerto Rican economy: Myths and realities Emilio Pantojas-García Sociología welfare subsidies tax policies transfer payments fiscal incentives "Federal funds" and the Puerto Rican economy: Myths and realities Emilio Pantojas-García Sociología welfare subsidies tax policies transfer payments fiscal incentives Federal expenditures in Puerto Rico between 1975 and 2000 grew atan accelerated pace creating the perception of an economydependent on federal welfare. An analysis was conducteddisaggregating federal disbursements into three categories,expenditures of federal agencies, transfer payments and grants.Further analysis was conducted by analyzing the components ofeach category: unilateral transfers, transfers for paid or earnedbenefits, priorities of federal government agencies expenditures,etc. The analysis showed that: (1) the level of federal transfersgrew dramatically during the 1970s but remained stable since the1980s; (2) the greater portion of federal transfers to residents ofPuerto Rico came from pensions or benefits earned for servicesrendered to the federal government or paid for by individuals whilethey were active in the workforce (social security, pensions,veterans benefits); (3) changes in the operating expenditures offederal agencies in Puerto Rico follow primarily the changingpriorities of the United States government in Puerto Rico; and (4)federal subsidies to Puerto Rico benefit directly greatly U.S.corporations. 2007 artículo científico 1538-6279 https://www.redalyc.org/articulo.oa?id=37719211 en http://www.redalyc.org/revista.oa?id=377 Centro Journal application/pdf The City University of New York Centro Journal (Estados Unidos de América) Num.2 Vol.XIX |
| title | "Federal funds" and the Puerto Rican economy: Myths and realities |
| topic | Sociología welfare subsidies tax policies transfer payments fiscal incentives |
| url | https://www.redalyc.org/articulo.oa?id=37719211 |