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Vicente "Chenti" Feliciano, Founder & President of Advantage Business Consultants, a leading economic and management company, was our guest speaker. Holder of a BA in economics cum laude from Harvard University and an MBA from IMD in Lausanne, Switzerland, Chenti has published numerous articles and papers on social, planning, and economic development issues. His topic, "Demographics as the Fundamental Business Issue in Puerto Rico", highlighted the loss in population due to migration and the dramatic low birth rates plus loss of working age adults. 265 public schools have closed. Enrollment in higher education and the lowering administrative criteria at UPR have resulted the statistics predict a consistent decline. A new social contract must be on the horizon. Creating good jobs to halt the migration to the mainland is one major task. Technology is on our side. This pertinent topic led to a spirited Q&A session. A reminder that we will meet in AFDA next week - April 26. |
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