The Economy of Puerto Rico: Restoring GrowthA non incorporated territory of the United States, Puerto Rico operates under U. S. legal, monetary, security and tariff systems. Despite sharing in these and other key U. S. institutions, Puerto Rico has experienced economic stagnation and large scale unemployment since the 1970s. The island's living standards are low by U. S. standards, with a per capita income only half that of Mississippi, the poorest state. While many studies have analyzed the