Economy term papers Disclaimer: Free essays on Economy posted on this site were donated by anonymous users and are provided for informational use only. The free Economy research paper Comparative Analysis Between Puerto Rico And Rupublica Dominicana essay presented on this page should not be viewed as a sample of our on-line writing service. The first economic evaluation for this class was on the Commonwealth of Puerto Rico.
In keeping with the Caribbean theme, the country that was selected for comparison was the Dominican Republic. In order to provide a quality analysis of the two countries economic policies, a general description and basic comparisons of the two nations are provided.
Geographically, the Dominican Republic 48,sq.
The two nations are climatically identical. They both have tropical marine climates with little seasonal temperature changes. The two also have natural resources of metals with Puerto Rico having the potential for oil mining.
The Dominican Republic s population over 7 million is bit less than double the amount in Puerto Rico about 3. Their birth rates are similar as well but the Dominican Republic s is slightly higher. Culturally they share similar backgrounds. Both countries have Black and Hispanic origins and the official language spoken in each is Spanish.
They also share Roman Catholicism as their dominant religion. There are vast differences in each country s economy. Puerto Rico has one of the best economies in the Caribbean; being the only island in the region where its industrial sector has surpassed the agricultural sector as the primary source of income.
The Dominican Republic still has heavy emphasis on agriculture and the economy relies heavily on trade. Tourism is very big and lucrative in Puerto Rico, and the Dominican Republic has only recently begun to increase its importance.
Puerto Rico has a very strong, reliable and productive work force while the Dominican Republic fights with both underemployment and unemployment. Lastly, Puerto Rico has the U.
Both countries are democratic in nature but the Dominican Republic has more political parties. Universal suffrage is at age 18 for the two nations but although Puerto Ricans are U.
Dominican Republicans can also receive suffrage if married before 18 but members of the armed forces and police cannot vote.
Privatization Policy To understand the history of state ownership and privatization in Puerto Rico it is important to know certain basic facts about them. Puerto Rico s unique social, economic and political circumstances distinguish its privatization capabilities from others in Latin America.
The island is tied to the U. Puerto Rico was officially part of the U. Although being an U. It was not until that the people of Puerto Rico received the power to elect their own governor. Although still part of the U. Constitution as well as Puerto Rico s own constitution which was adopted in Since that time Puerto Rico has become unofficially self-governing.
Businesses that were state owned in Puerto Rico have just been utility and other public service companies and facilities that contribute towards the industrialization of the island. The start of state ownership was due to the consolidation and operation by the government of electrical power, water, and sewer facilities during the early to mid s.
Puerto Rico had not been a primary sector economy sugar cane since the s. From that point, manufacturing has been its main industry.
The industrialization of the island began in when the Puerto Rico Industrial Development Company was created. This commenced a program of state ownership of factories for the manufacturing of glass, cardboard, shoes, ceramics, and cement [LatinFinance, Jan.
The only successful state-run business was the cement business. Consequently, most of these factories were sold to local businesses and thus spawned privatization of government business. With the industrial era came changes that assisted in its maturation like the creation of tax breaks and incentives, and projects that attracted private investment.
These strategies focused towards businesses in the U. Tax benefits existed such as Section of the U. Internal Revenue Code which permitted subsidiaries of U.
Minimal changes have been made in policies that affect state ownership. This does not mean there were not any major acquisitions of private companies by the government.Mergers & Acquisitions. Natural Resources. Private Capital. Real Estate. Extend the Section 25C non-business energy property credit to property placed in service by December 31, is for description purposes only and does not imply that the member firms or their controlled, managed or affiliated entities are in a partnership or are.
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Commonwealth of Puerto Rico. In keeping with the Caribbean theme, the country that was selected for comparison was the Dominican Republic.
The policies that will be examined are privatization policies and corporate acquisition/merger policies in the two nations. China Shanshui Cement Group Ltd - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments Summary Marketline's China Shanshui Cement Group Ltd Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital.
Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of Short Titles as Reported to House. Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of Short Titles as Introduced.
Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2 days ago · Finally, AdColony may transfer information, including any personally identifiable information, to a successor entity in connection with a corporate merger, consolidation, sale of assets, bankruptcy, or other corporate change.