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Secretary Of Economic Development And Commerce Of Puerto Rico
The Secretary of Economic Development and Commerce of Puerto Rico heads the Puerto Rico Department of Economic Development and Commerce and is the chief economist of the government of Puerto Rico. The Secretary is responsible for the economic development of Puerto Rico and all its commerce Commerce is the large-scale organized system of activities, functions, procedures and institutions directly and indirectly related to the exchange (buying and selling) of goods and services among two or more parties within local, regional, natio ... related matters. References External links ddec.pr.gov - Official site of the Department of Economic Development and Commerce {{Cabinet of Puerto Rico Council of Secretaries of Puerto Rico * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Puerto Rico Department Of Economic Development And Commerce
The Puerto Rico Department of Economic Development and Commerce is the executive department of the government of Puerto Rico responsible for the economic development in the U.S. Commonwealth of Puerto Rico and all its commerce related matters. History The Department of Economic Development and Commerce was created by Pedro Rosselló in 1994 as an umbrella organization under which several economic development agencies would operate in a more coordinated fashion. Its first Secretary was Luis Fortuño, who appointed its former head, José Pérez Riera, after being elected Governor in 2008. Agencies Among the agencies under its jurisdiction is the Puerto Rico Industrial Development Company (PRIDCO), the Puerto Rico Tourism Company, the Puerto Rico Trade and Export Company and several smaller agencies dealing with cooperatives and horse-racing. Secretary * 1994–1999: Luis Fortuño * 2005–2006: Jorge Silva Puras * 2007–2009: Bartolomé Gamundi * 2009–20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manuel Cidre
Manuel "Manolo" Cidre Miranda (born 1953) is a Cuban-born Puerto Rican businessman and politician who became, on December 1, 2015, an official candidate for Governor of Puerto Rico. He lost the election to Ricardo Rosselló. He was appointed by Governor-Elect Pedro R. Pierluisi on December 2, 2020 as incoming Secretary of the Puerto Rico Department of Economic Development and Commerce. Biography Manuel Cidre arrived in Puerto Rico from his native Cuba at a young age, first living in the northern coastal city of Arecibo. In 1978 he started a company in Bayamon named "Los Cidrines", which sells bakery goods and bread in Puerto Rico along with his brother, Guillermo Cidre. The company also sells in the US market, with this operation managed by his sister Maria Cidre. He has served in multiple community and philanthropic organizations in Puerto Rico, and as the president of the following associations: * Asociación Productos de Puerto Rico * Asociación de Industriales de Puert ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Governor Of Puerto Rico
The governor of Puerto Rico ( es, gobernador de Puerto Rico) is the head of government of the Commonwealth (U.S. insular area), Commonwealth of Puerto Rico, and commander-in-chief of the Puerto Rico National Guard. The governor has a duty to enforce Law of Puerto Rico, local laws, to convention (meeting), convene the Legislative Assembly of Puerto Rico, Legislative Assembly, the power to either sign into law, approve or veto bill (proposed law), bills passed by the Legislative Assembly, to appoint government officers, to appoint List of Justices of the Supreme Court of Puerto Rico by court, justices, and to grant pardons. Since 1948, the governor has been elected by Puerto Rican people, the people of Puerto Rico. Prior to that, the governor was appointed either by the king of Spain (1510–1898) or the president of the United States (1898–1948). Article Four of the Constitution of Puerto Rico, Article IV of the Constitution of Puerto Rico vests the executive power on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Advise And Consent
Advice and consent is an English phrase frequently used in enacting formulae of bills and in other legal or constitutional contexts. It describes either of two situations: where a weak executive branch of a government enacts something previously approved of by the legislative branch or where the legislative branch concurs and approves something previously enacted by a strong executive branch. General The concept serves to moderate the power of one branch of government by requiring the concurrence of another branch for selected actions. The expression is frequently used in weak executive systems where the head of state has little practical power, and in practice the important part of the passage of a law is in its adoption by the legislature. United Kingdom In the United Kingdom, a constitutional monarchy, bills are headed: BE IT ENACTED by the King's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this presen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Senate Of Puerto Rico
The Senate of Puerto Rico ( es, Senado de Puerto Rico) is the upper house of the Legislative Assembly of Puerto Rico, the territorial legislature of Puerto Rico. The Senate, together with the House of Representatives of Puerto Rico, control the legislative branch of the government of Puerto Rico. The structure and responsibilities of the Senate are defined in Article III of the Constitution of Puerto Rico which vests all legislative power in the Legislative Assembly. Every bill must be passed by both, the Senate and the House, and signed by the Governor of Puerto Rico in order to become law. The Senate has exclusive power to try and to decide impeachments. The constitution also establishes that all secretaries appointed by the governor to the different executive departments, as well as all judges and the Comptroller, require the advice and consent of the Senate. Justices of the Supreme Court can not assume office until after confirmation by the Senate. The Senate has 27 mem ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Puerto Rico Governmental Line Of Succession
The Puerto Rico governmental line of succession defines who may become or act as Governor of Puerto Rico upon the incapacity, death, resignation, or removal from office (by impeachment and subsequent conviction) of a sitting governor or a governor-elect. Article IV of the Constitution of Puerto Rico establishes that when a vacancy occurs in the post of Governor said post shall devolve upon the Secretary of State, who shall hold it for the rest of the term and until a new governor has been elected and qualifies. In the event that vacancies exist at the same time in both the post of Governor and that of Secretary of State, the law establishes a line of succession upon the Secretaries. This line of succession is established bLaw No. 7 of 2005 In the event that the Governor-elect does not qualify, or a permanent vacancy occurs in the office of Governor before the Governor-elect shall have appointed a Secretary of State, or before said Secretary, having been appointed, shall have ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Economist
Chief economist is a single-position job class having primary responsibility for the development, coordination, and production of economic and financial analysis. It is distinguished from the other economist positions by the broader scope of responsibility encompassing the planning, supervision, and coordination of the economic research. Synopsis Chief economists work primarily in banks and government institutions. By the 2010s, the chief economist position was established at large internet companies such as Google and Microsoft. Further, a trend began in data and financial services companies to utilize chief economists in customer- and media-facing roles to help in placing data in a larger economic context. Government positions In the European Union (EU), the post of Chief Economist (''aka'' Chief Competition Economist) was created in 2003 as part of the European Commission, reporting to the Director General for Competition. This role is primarily focused on advising around th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Puerto Rico
The government of Puerto Rico is a republican form of government with separation of powers, subject to the jurisdiction and sovereignty of the United States.Constitution of the Commonwealth of Puerto Rico, Article I, Section 2 of the defines the government and its political power and authority pursuant to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Development
In the economics study of the public sector, economic and social development is the process by which the economic well-being and quality of life of a nation, region, local community, or an individual are improved according to targeted goals and objectives. The term has been used frequently in the 20th and 21st centuries, but the concept has existed in the West for far longer. " Modernization", "Westernization", and especially "industrialization" are other terms often used while discussing economic development. Historically, economic development policies focused on industrialization and infrastructure; since the 1960s, it has increasingly focused on poverty reduction. Whereas economic development is a policy intervention aiming to improve the well-being of people, economic growth is a phenomenon of market productivity and increases in GDP; economist Amartya Sen describes economic growth as but "one aspect of the process of economic development". Economists primarily focus on the g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commerce
Commerce is the large-scale organized system of activities, functions, procedures and institutions directly and indirectly related to the exchange (buying and selling) of goods and services among two or more parties within local, regional, national or international economies. More specifically, commerce is not business, but rather the part of business which facilitates the movement and distribution of finished or unfinished but valuable goods and services from the producers to the end consumers on a large scale, as opposed to the sourcing of raw materials and manufacturing of those goods. Commerce is subtly different from trade as well, which is the final transaction, exchange or transfer of finished goods and services between a seller and an end consumer. Commerce not only includes trade as defined above, but also a series of transactions that happen between the producer and the seller with the help of the auxiliary services and means which facilitate such trade. These auxiliary ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Council Of Secretaries Of Puerto Rico
The Council of Secretaries of Puerto Rico ( es, Consejo de Secretarios) is the group composed by the heads of the executive departments of the government of Puerto Rico. The Council is charged with leading the different sectors of public administration within the government and does not constitute an agency by itself. The Council, together with the Cabinet-level officers, compose the Cabinet of Puerto Rico. Background The establishment of the Council is proclaimed by Article IV of the Constitution of Puerto Rico which establishes that the Governor shall be assisted by Secretaries whom shall collectively constitute the Governor's advisory council and be designated as the ''Council of Secretaries''. Each Secretary is nominated by the Governor and then presented to the Senate for advice and consent by a simple majorityexcept for the Secretary of State who requires the advice and consent of both the Senate and the House of Representatives. If the Secretaries are confirmed they ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
