A step-by-step guide to Puerto Rico's economic renaissance. Corporate attorney David R. Martin proposes a transformational economic development plan for Puerto Rico. Buffeted by globalization, Puerto Rico is no longer competitive in manufacturing. Generous tax exemptions have failed to stem the massive loss of manufacturing jobs and have contributed to an alarming fiscal crisis. Mr. Martin argues that the Island must fundamentally redirect its economic activities towards tourism and entertainment. While having better baseline attributes than Las Vegas, Macau and Dubai, Puerto Rico's leisure...

Puerto Rico's Future Entertainment Economy expands on Mr. Martin's 2013 book Puerto Rico: The Economic Rescue Manual. This follow up work provides more detail and support for the entertainment economy that should serve as the basis of the island's economic revival and proud international identity. The cornerstone of Mr. Martin's proposal involves the building of a world-famous entertainment city on the site of former U.S. Naval Base Roosevelt Roads in Ceiba. A critical feature of the city will be a new two-runway international airport and integrated city transportation system that will...