The Economy of Puerto Rico

The Economy of Puerto Rico PDF Author: Barry Bosworth
Publisher: Brookings Institution Press
ISBN: 9780815715535
Category : Business & Economics
Languages : en
Pages : 607

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Book Description
In this innovative new book, economists from U.S. and Puerto Rican institutions address a range of major policy issues affecting the islands economic development. To frame the current situation, the contributors begin by assessing Puerto Ricos past experience with various growth policies.

The Economy of Puerto Rico

The Economy of Puerto Rico PDF Author: Barry Bosworth
Publisher: Brookings Institution Press
ISBN: 9780815715535
Category : Business & Economics
Languages : en
Pages : 607

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Book Description
In this innovative new book, economists from U.S. and Puerto Rican institutions address a range of major policy issues affecting the islands economic development. To frame the current situation, the contributors begin by assessing Puerto Ricos past experience with various growth policies.

The U.S.-Puerto Rico Economic and Business Relationship

The U.S.-Puerto Rico Economic and Business Relationship PDF Author: Albert Calem
Publisher:
ISBN:
Category : Puerto Rico
Languages : en
Pages : 42

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Book Description


Fantasy Island

Fantasy Island PDF Author: Ed Morales
Publisher: Bold Type Books
ISBN: 1568588984
Category : History
Languages : en
Pages : 314

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Book Description
A crucial, clear-eyed accounting of Puerto Rico's 122 years as a colony of the US. Since its acquisition by the US in 1898, Puerto Rico has served as a testing ground for the most aggressive and exploitative US economic, political, and social policies. The devastation that ensued finally grew impossible to ignore in 2017, in the wake of Hurricane María, as the physical destruction compounded the infrastructure collapse and trauma inflicted by the debt crisis. In Fantasy Island, Ed Morales traces how, over the years, Puerto Rico has served as a colonial satellite, a Cold War Caribbean showcase, a dumping ground for US manufactured goods, and a corporate tax shelter. He also shows how it has become a blank canvas for mercenary experiments in disaster capitalism on the frontlines of climate change, hamstrung by internal political corruption and the US federal government's prioritization of outside financial interests. Taking readers from San Juan to New York City and back to his family's home in the Luquillo Mountains, Morales shows us the machinations of financial and political interests in both the US and Puerto Rico, and the resistance efforts of Puerto Rican artists and activists. Through it all, he emphasizes that the only way to stop Puerto Rico from being bled is to let Puerto Ricans take control of their own destiny, going beyond the statehood-commonwealth-independence debate to complete decolonization.

Island Paradox

Island Paradox PDF Author: Francisco Rivera-Batiz
Publisher: Russell Sage Foundation
ISBN: 9780871547217
Category : Business & Economics
Languages : en
Pages : 228

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Book Description
Island Paradox is the first comprehensive, census-based portrait of social and economic life in Puerto Rico. During its nearly fiftyyears as a U.S. commonwealth, the relationship between Puerto Rico's small, developing economy and the vastly larger, more industrialized United States has triggered profound changes in the island's industry and labor force. Puerto Rico has been deeply affected by the constant flow of its people to and from the mainland, and by the influx of immigrant workers from other nations. Distinguished economists Francisco Rivera-Batiz and Carlos Santiago provide the latest data on the socioeconomic status of Puerto Rico today, and examine current conditions within the context of the major trends of the past two decades.sland Paradox describes many improvements in Puerto Rico's standard of living, including rising per-capita income, longer life expectancies, greater educational attainment, and increased job prospects for women. But it also discusses the devastating surge in unemployment. Rapid urbanization and a vanishing agricultural sector have led to severe inequality, as family income has become increasingly dependent on education and geographic location. Although Puerto Rico's close ties to the United States were the major source of the island's economic growth prior to 1970, they have also been at the root of recent hardships. Puerto Rico's trade andbusiness transactions remain predominantly with the United States, but changes in federal tax, social, and budgetary policies, along with international agreements such as NAFTA, now threaten to alter the economic ties between the island and the mainland.

Islands of Resistance

Islands of Resistance PDF Author: Mario Murillo
Publisher: Seven Stories Press
ISBN: 1609801180
Category : History
Languages : en
Pages : 100

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Book Description
While 1998 marked the 100th anniversary of the United States' invasion and takeover of Puerto Rico, it wasn't until 1999 that the island's political movements reappeared on the radar screen of the American people. That year, two major developments occurred that transformed the relationship between Puerto Rico and Washington, D.C.: the limited clemency granted by then-President Clinton to eleven Puerto Rican Nationalists, and the death of Puerto Rican civilian security guard David Sanes, killed by missile fragments from U.S. naval bombing tests on the island municipality of Vieques. How does Vieques fit into the political future of Puerto Rico? While anti-Navy protesters are careful not to mix the island's political status options with their battle against the Navy, it is important to understand the role Washington has played in shaping Puerto Rico's current reality and how it has allowed the Navy to use Vieques as a bombing range for 60 years. It also helps one begin to predict what is the future of Puerto Rico. Is it to be a colony? Fifty-first state of the United States? Sovereign nation? In Islands of Resistance, Mario A. Murillo approaches these questions by examining how Puerto Rican politics have been shaped as much by 100 years of U.S. economic, military, and cultural domination of the territory, as by the enduring grassroots resistance of the Puerto Rican people. Islands of Resistance puts the contemporary situation in Puerto Rico into an historic context that will help people understand what is at stake in Vieques, not only for Viequenses, but for Puerto Ricans, both on the island and in the diaspora.

Status of Puerto Rico: Economic factors in relation to the status of Puerto Rico

Status of Puerto Rico: Economic factors in relation to the status of Puerto Rico PDF Author: United States-Puerto Rico Commission on the Status of Puerto Rico
Publisher:
ISBN:
Category : Puerto Rico
Languages : en
Pages : 808

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Book Description


Teodoro Moscoso and Puerto Rico's Operation Bootstrap

Teodoro Moscoso and Puerto Rico's Operation Bootstrap PDF Author: Alex W. Maldonado
Publisher:
ISBN: 9780813068466
Category :
Languages : en
Pages : 280

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Book Description
"Fascinating. . . . [Maldonado's] extensive interviews of Moscoso are unique and help make this a highly original work. . . . He deserves this amount of attention as the man who, next to Luis Muñoz, was the dominant figure in the Puerto Rico renaissance of the 1950s."--Thomas L. Hughes, Carnegie Endowment for International Peace "Maldonado does a superb job in presenting Teodoro Moscoso's role generally and the decisive actions he took at critical junctures in particular."--Rafael de Jesús Toro, dean of business administration, Interamerican University of Puerto Rico, and professor of economics, University of Puerto Rico A. W. Maldonado tells the story of Puerto Rico's extraordinary climb from poverty to economic success. Operation Bootstrap, a program conceived, promoted, and implemented by Teodoro Moscoso (1910-1992), succeeded in attracting worldwide capital investment that by the mid-1950s had transformed the island from an economic backwater into a bustling industrial society. Though much of the credit went to Puerto Rico's governor, Luis Muñoz Marín, Maldonado focuses on Moscoso to describe how and why the economic miracle took place. Moscoso was deeply involved in all aspects of the Puerto Rican economy and culture, and Maldonado follows his relationships and battles on a number of fronts, from his initial differences with Rexford Tugwell, the last American governor of the island, to conflicts with Governor Muñoz, who was constantly concerned that Moscoso was pushing change too quickly. In the worlds of business and culture, Maldonado shows how Moscoso employed advertising guru David Ogilvy to propagate the image of a people engaged in a cultural renaissance. He also highlights Moscoso's decisive actions at critical junctures (such as his success in pushing tax exemptions and tourism in the late 1940s) and his personal persuasiveness, as with Pablo Casals, who at the age of eighty was persuaded to establish his Casals Festival at San Juan. Maldonado shows that Moscoso was the architect of the "economic miracle" that economists and presidents believed could not happen in Puerto Rico. His account sheds new light on the man who provided U.S. administrations with a democratic success story to counter the allure of the Cuban revolution and who was called on by President John F. Kennedy to organize and head the Alliance for Progress. A. W. Maldonado, a journalist in Puerto Rico for 37 years, is a former editor of El Mundo and El Reportero and currently writes a column for the San Juan Star. His articles have appeared in numerous U.S. publications, including the New York Times, Los Angeles Times, Baltimore Sun, Christian Science Monitor, Newsday, and The Nation.

LA/C Business Bulletin

LA/C Business Bulletin PDF Author:
Publisher:
ISBN:
Category : Caribbean Area
Languages : en
Pages : 680

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Book Description


Puerto Rico Status

Puerto Rico Status PDF Author: United States. Congress. Senate. Committee on Energy and Natural Resources
Publisher:
ISBN:
Category : Puerto Rico
Languages : en
Pages : 72

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Book Description


Puerto Rico

Puerto Rico PDF Author: Jorge Duany
Publisher: Oxford University Press
ISBN: 0190648694
Category : History
Languages : en
Pages : 209

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Book Description
Acquired by the United States from Spain in 1898, Puerto Rico has a peculiar status among Latin American and Caribbean countries. As a Commonwealth, the island enjoys limited autonomy over local matters, but the U.S. has dominated it militarily, politically, and economically for much of its recent history. Though they are U.S. citizens, Puerto Ricans do not have their own voting representatives in Congress and cannot vote in presidential elections (although they are able to participate in the primaries). The island's status is a topic of perennial debate, both within and beyond its shores. In recent months its colossal public debt has sparked an economic crisis that has catapulted it onto the national stage and intensified the exodus to the U.S., bringing to the fore many of the unresolved remnants of its colonial history. Puerto Rico: What Everyone Needs to Know(R) provides a succinct, authoritative introduction to the Island's rich history, culture, politics, and economy. The book begins with a historical overview of Puerto Rico during the Spanish colonial period (1493-1898). It then focuses on the first five decades of the U.S. colonial regime, particularly its efforts to control local, political, and economic institutions as well as to "Americanize" the Island's culture and language. Jorge Duany delves into the demographic, economic, political, and cultural features of contemporary Puerto Rico-the inner workings of the Commonwealth government and the island's relationship to the United States. Lastly, the book explores the massive population displacement that has characterized Puerto Rico since the mid-20th century. Despite their ongoing colonial dilemma, Jorge Duany argues that Puerto Ricans display a strong national identity as a Spanish-speaking, Afro-Hispanic-Caribbean nation. While a popular tourist destination, few beyond its shores are familiar with its complex history and diverse culture. Duany takes on the task of educating readers on the most important facets of the unique, troubled, but much beloved isla del encanto.