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A weak economy causes out-migration, and out-migration in turns weakens the economy even more. Seems like a positive feedback loop towards economic doom...
Commented Apr 13, 2015 on Population Lost: Puerto Rico’s Troubling Out-Migration at Liberty Street Economics
Population Lost: Puerto Rico’s Troubling Out-Migration
Jaison R. Abel and Richard Deitz For the first time in modern history, Puerto Rico is seeing its population decline. This troubling loss can be traced to an exodus of Puerto Rican citizens to the U.S. mainland, a current that has picked up considerably in recent years as Puerto Rico’s econ...
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