Wednesday, September 14-20, 2022 - // no. 177
Puerto Rico and the Caribbean
www.theweeklyjournal.com
LITTLE ALTERNATIVES FOR PR’S POWER CONUNDRUM P6 POSITIVE OUTLOOK FOR THE ISLAND’S EMPLOYMENT P7 DEMOCRATS COULD END UP LOSING FLORIDA P10
A DIFFERENT KIND OF
PUBLIC-PRIVATE PARTNERSHIP Bringing together leaders from public, private and philanthropic sectors
BRITAIN’S ROYAL SOUVENIRS P15
S
Juan A. Hernández, The Weekly Journal
ince the turn of the century, Puerto Rico’s government has selectively resorted to Public-Private Partnerships (P3s) to subsidize and/or privatize some of its essential services and operations in an effort to modernize its infrastructure and improve the quality of the services offer to the public. It must be said though, that the experience with this partnerships has not always been a success story.
Still, the P3 alternative is begin considered as a viable solution to attend to a series of challenges Puerto Rico has faced for quite a while, and the government has been unable to attend to. For Columbia University professor and former presidential advisor, Howard Warren Buffett, “partnerships have the potential to meet public objectives efficiently and effectively and at a scale not otherwise possible.” “There are probably more examples of privatepublic partnerships that don’t work out as GO TO PAGE 4