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Click Here for more informationNevertheless, we do not expect a return to the historically-high annual rates of pharmaceutical spending, especially as the government now covers less than 40% of the territory's overall healthcare spending.
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Click Here for more informationPuerto Rico (History Brief) When Columbus arrived in 1493, Arawaks lived on Puerto Rico, which they called Boriquén or Borinquén. Ponce de León, the island's first governor, named the island after St. John the Baptist (San Juan) and began it's conquest in 1508. The sugar and coffee plantation culture was introduced shortly thereafter. African slaves were later brought in to replace the annihilated Arawaks as workers in a growing sugar and coffee plantation culture. The strategic northern port of the island, called Rich Port (Puerto Rico) at the time, was later renamed to San Juan. The island itself was later renamed Puerto Rico, taking on the name of the original northern port. San Juan later became the island's capitol city. It was fortified over a 400 year time-span against continued attacks from Dutch, French, and British naval forces. In the 19th century (400 years later), popular unrest led finally to the Spanish Crown granting some autonomy to the island in the late 1800's. After the Spanish American war of 1898, Puerto Rico was ceded to the U.S., which quickly set up an administration of the territory under an American governor. Meanwhile an independence movement grew. In 1917 Puerto Ricans were granted U.S. citizenship. As U.S. holdings in the one-crop sugar economy increased, large corporations encroached on land that had been used to grow subsistence food, and the subsequent economic distress was not relieved until World War II. After the war, Operation Bootstrap, encouraging American industrial investment with tax incentives, began to change the nature of the Puertorican economy. The first Puertorican governor (Luis Muñoz Marin) is elected in 1948 by popular vote. In 1952 the Commonwealth of Puerto Rico was formed with it's own constitution (modeled after the US Constitution) is proclaimed. Nationalist agitation continued, however. By the 1960s statehood advocates and supporters of continued commonwealth status held power alternately, while advocates of independence eschewed the electoral process. In 1992 Dr. Pedro Rosello, a statehood advocate, was elected governor, but voters chose continued commonwealth status by a narrow margin in a 1993 referendum. The most recent governor (2004 - 2008) was the Hon. Anibal Acevedo Vilá of the Popular Democratic Party (PDP - Partido Popular Democratico), which now is in favor of a more loosely bound Association with the US, in effect a pseudo-country, instead of the tightly coupled status quo. Mr. Vila was governor for only a four year term. He was recently replaced as governor by popular election by the Hon. Luis Furtuño a member and now president of the New Progressive Party (PNP - Partido Nuevo Progresista, which favors statehood for Puerto Rico). Ref: Puerto Rico (History) (Encyclopedia.com) This information Provided by Property Resources - Puerto Rico Vital Statistics
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Wow, it's a huge month to be in puerto rico! The ponce/p/Ponce_Carnival.htm">Ponce Carnival is just around the corner. So is the Casals Festival. Right there are two of the biggest ...
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