Sunday, June 24, 2012

Industrial Development of Puerto Rico and the Virgin Islands of the United States

Hibben, Thomas & Rafael Picó, Industrial Development of Puerto Rico and the Virgin Islands of the United States: Report of the United States Section, Caribbean Commission, July 1948.

From the Note of character and scope of this report:
This report represents a technical survey of economic development in Puerto Rico from the beginning of the American Administration to the present time with particular emphasis on the development of industry. Based upon the factual background, suggestions have been presented for the expansion of existing industries and for the establishment of new industrial enterprises with estimates of future industrial employment possibilities and future capital requirements. It is believed that additional employment can be achieved, as indicated, and additional income provided for Puerto Rico through increased local production. Neither the authors nor the officials of the Puerto Rico Development Corporation believe, however, that Puerto Rico’s economic difficulties can be solved by this process alone. Every other possibility for the improvement of economic and living conditions in Puerto Rico must be explored and advanced simultaneously including: new agricultural crops and greater intensification of agricultural production in general; a more equitable distribution of Puerto Rico’s income; better housing and sanitary conditions; extension of education particularly vocational education along lines that will enable Puerto Ricans to secure employment outside of Puerto Rico; and health and welfare programs leading to the reduction of the rate of population increase. No attempt has been made in this report to present or discuss Puerto Rico’s social or political problems except where these may have direct bearing on industrial development. Similarly the problems of agriculture, transportation, communications, housing, health, welfare and education have been presented only to the extent that these problems have affected or may be expected to affect industrial development. Studies on all of these subjects have been made or are in progress of being made for the Caribbean Commission by other technicians.

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