Investor Presentaiton
Island Logistics are Foundational to Economic Growth
"There are essentially only two ways that an economy can grow. Either it can
increase its production for the outside world or it can produce for itself what it
otherwise would buy from the outside. The first of these is an expansion of
exports. The second is import substitution."
Persky et al. (1993, p. 18)
Local production
retains dollars in the
local economy
Exports are a source of
dollars for the economy
Imports and excessive transport costs
drain dollars from the economy
Puerto Rico's economy will continue shrinking until it either exports more products of
higher value (generating more cash inflow) or locally creates products that replace imports
(slowing and reducing cash outflow). The island territory's unique logistics constraints and
logistics opportunities will largely determine its economic future.
SEABURY
MARITIME
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