Boom and Bust in Puerto Rico

Boom and Bust in Puerto Rico
Author :
Publisher : University of Notre Dame Pess
Total Pages : 318
Release :
ISBN-10 : 9780268200992
ISBN-13 : 0268200998
Rating : 4/5 (92 Downloads)

Synopsis Boom and Bust in Puerto Rico by : A. W. Maldonado

Who is to blame for the economic and political crisis in Puerto Rico—the United States or Puerto Rico? This book provides a fascinating historical perspective on the problem and an unequivocal answer on who is to blame. In this engaging and approachable book, journalist A. W. Maldonado charts the rise and fall of the Puerto Rican economy and explains how a litany of bad political and fiscal policy decisions in Washington and Puerto Rico destroyed an economic miracle. Under Operation Bootstrap in the 1950s and '60s, the rapid transformation and industrialization of the Puerto Rican economy was considered a “wonder of human history,” a far cry from the economic “death spiral” the island’s governor described in 2015. Boom and Bust in Puerto Rico is the story of how the demise of an obscure tax policy that encouraged investment and economic growth led to escalating budget deficits and the government’s shocking default of its $70 billion debt. Maldonado also discusses the extent of the devastation from Hurricane Maria in 2017, the massive street protests during 2019, and the catastrophic earthquakes in January 2020. After illuminating the century of misunderstanding between Puerto Rico and the United States—the root cause of the economic crisis and the island’s gridlocked debates about its political status—Maldonado concludes with projections about the future of the relationship. He argues that, in the end, the economic, fiscal, and political crises are the result of the breakdown and failure of Puerto Rican self-government. Boom and Bust in Puerto Rico is written for a wide audience, including students, economists, politicians, and general readers, all of whom will find it interesting and thought provoking.

The Economy of Puerto Rico

The Economy of Puerto Rico
Author :
Publisher : Rowman & Littlefield
Total Pages : 632
Release :
ISBN-10 : 0815715609
ISBN-13 : 9780815715603
Rating : 4/5 (09 Downloads)

Synopsis The Economy of Puerto Rico by : Susan M. Collins

A Brookings Institution Press and the Center for the New Economy publication A non-incorporated territory of the United States, Puerto Rico operates under U.S. legal, monetary, security and tariff systems. Despite sharing in these and other key U.S. institutions, Puerto Rico has experienced economic stagnation and large scale unemployment since the 1970s. The island's living standards are low by U.S. standards, with a per capita income only half that of Mississippi, the poorest state. While many studies have analyzed the fiscal implications of Puerto Rico's political relationship with the United States, little research has focused broadly on the island's economic experience or assessed its growth prospects. In this innovative new book, economists from U.S. and Puerto Rican institutions address a range of major policy issues affecting the island's economic development. To frame the current situation, the contributors begin by assessing Puerto Rico's past experience with various growth policies. They then analyze several reforms and new initiatives in labor, education, entrepreneurship, fiscal policy, migration, trade, and financing development, which they incorporate into a proposed strategy for jumpstarting Puerto Rican economic growth. Contributors include Gary Burtless (Brookings Institution); Orlando Sotomayor, Luis Rivera-Batiz, Ramón Cao, Maria Enchautegui, José Joaquín Villamil, Eileen Segarra, Marinés Aponte, and Juan Lara (University of Puerto Rico); Richard Freeman and Robert Lawrence (Harvard University); Helen Ladd (Duke University); Francisco Rivera-Batiz (Columbia University); Steven Davis and Bruce Meyer (University of Chicago); James Alm (Georgia State University); Ingo Walter, Rita Maldonado-Bear, and William Baumol (New York University); Belinda Reyes (University of California, Merced); Alan Krueger (Princeton University); Carlos Santiago (University of Wisconsin); David Audretsch (Indiana University); Ronald Fisher (Michigan State University); Fuat Andic (UN Advisor); Arturo Estrella (NY Federal Reserve); James Hanson and Daniel Lederman (World Bank); James Dietz (University of California, Fullerton); and Katherine Terrell (University of Michigan).

Fantasy Island

Fantasy Island
Author :
Publisher : Bold Type Books
Total Pages : 352
Release :
ISBN-10 : 9781568588988
ISBN-13 : 1568588984
Rating : 4/5 (88 Downloads)

Synopsis Fantasy Island by : Ed Morales

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.

Eating Puerto Rico

Eating Puerto Rico
Author :
Publisher : UNC Press Books
Total Pages : 407
Release :
ISBN-10 : 9781469608846
ISBN-13 : 1469608847
Rating : 4/5 (46 Downloads)

Synopsis Eating Puerto Rico by : Cruz Miguel Ortíz Cuadra

Available for the first time in English, Cruz Miguel Ortiz Cuadra's magisterial history of the foods and eating habits of Puerto Rico unfolds into an examination of Puerto Rican society from the Spanish conquest to the present. Each chapter is centered on an iconic Puerto Rican foodstuff, from rice and cornmeal to beans, roots, herbs, fish, and meat. Ortiz shows how their production and consumption connects with race, ethnicity, gender, social class, and cultural appropriation in Puerto Rico. Using a multidisciplinary approach and a sweeping array of sources, Ortiz asks whether Puerto Ricans really still are what they ate. Whether judging by a host of social and economic factors--or by the foods once eaten that have now disappeared--Ortiz concludes that the nature of daily life in Puerto Rico has experienced a sea change.

An American Icon in Puerto Rico

An American Icon in Puerto Rico
Author :
Publisher : Berghahn Books
Total Pages : 199
Release :
ISBN-10 : 9781800733879
ISBN-13 : 1800733879
Rating : 4/5 (79 Downloads)

Synopsis An American Icon in Puerto Rico by : Emily R. Aguiló-Pérez

Focusing on multigenerational Puerto Rican women and girls, Emily R. Aguiló-Pérez masterfully illustrates how Barbie dolls impact femininity, body image, and cultural identity. Since her debut in 1959, Barbie has transcended boundaries and transformed into a global symbol of femininity, capturing the imaginations of girls all around the world. An American Icon in Puerto Rico offers a captivating study of that iconic influence by focusing on a group of multigenerational Puerto Rican women and girls. Through personal narratives and insights, author Emily R. Aguiló-Pérez unveils the emotional attachment that these women and girls have formed with the doll during their formative years. This connection serves as a powerful lens to explore the intricate relationships girls have with their Barbie dolls and the complex role Barbie plays in shaping their identities. Aguiló-Pérez boldly confronts the challenges and contradictions that arise, offering a compelling analysis of how playing with Barbie dolls can impact a girl's perception of femininity, body image, race, and even national identity. Through these nuanced explorations, she unearths the potential pitfalls of these influences, encouraging readers to reflect on their own relationships with the iconic doll. By weaving together personal anecdotes, historical context, and sociocultural analysis, Aguiló-Pérez masterfully illustrates how these women and girls navigate the diverse landscapes of femininity, body image, and cultural identity, with Barbie serving as both a facilitator and a reflection of their growth. In doing so, she redefines the significance of Barbie in the lives of Puerto Rican women and girls, prompting readers from all around the world to reevaluate their perceptions of femininity and embrace a more inclusive understanding of beauty, body image, and self-expression.

The Politics of Language in Puerto Rico

The Politics of Language in Puerto Rico
Author :
Publisher : University Press of Florida
Total Pages : 237
Release :
ISBN-10 : 9780813063829
ISBN-13 : 0813063825
Rating : 4/5 (29 Downloads)

Synopsis The Politics of Language in Puerto Rico by : Amílcar Antonio Barreto

"A [book] rich in detail and analysis, which anyone wanting to understand the language debate in Puerto Rico will find essential."--Arlene Davila, Syracuse University This is the first book in English to analyze the controversial language policies passed by the Puerto Rican government in the 1990s. It is also the first to explore the connections between language and cultural identity and politics on the Caribbean island. Shortly after the U.S. invasion of Puerto Rico in 1898, both English and Spanish became official languages of the territory. In 1991, the Puerto Rican government abolished bilingualism, claiming that "Spanish only" was necessary to protect the culture from North American influences. A few years later bilingualism was restored and English was promoted in public schools, with supporters asserting that the dual languages symbolized the island’s commitment to live in harmony with the United States. While the islanders’ sense of ethnic pride was growing, economic dependency enticed them to maintain close ties to the United States. This book shows that officials in both San Juan and Washington, along with English-first groups, used the language laws as weapons in the battle over U.S.-Puerto Rican relations and the volatile debate over statehood. It will be of interest to linguists, political scientists, students of contemporary cultural politics, and political activists in discussions of nationalism in multilingual communities.

Puerto Rico

Puerto Rico
Author :
Publisher : Oxford University Press
Total Pages : 209
Release :
ISBN-10 : 9780190648695
ISBN-13 : 0190648694
Rating : 4/5 (95 Downloads)

Synopsis Puerto Rico by : Jorge Duany

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.

Puerto Rico

Puerto Rico
Author :
Publisher : Yale University Press
Total Pages : 276
Release :
ISBN-10 : 0300076185
ISBN-13 : 9780300076189
Rating : 4/5 (85 Downloads)

Synopsis Puerto Rico by : José Trías Monge

Former Attorney General and former Chief Justice of Puerto Rico, Jose Trias Monge describes his island as one of the most densely populated places on earth, with a severely distressed economy and limited political freedom--still considered a colony of the U.S. Monge claims the island has become too dependent on U.S. money and argues for decolonization and movement toward more independence. 28 illustrations.

The History of Puerto Rico

The History of Puerto Rico
Author :
Publisher :
Total Pages : 382
Release :
ISBN-10 : STANFORD:36105019951610
ISBN-13 :
Rating : 4/5 (10 Downloads)

Synopsis The History of Puerto Rico by : Rudolph Adams Van Middeldyk

Van Middledyk's work was the first major historical study of Puerto Rico in English. Van Middledyk advanced Puerto Rican historiography by building on the works of Brau, Coll y Toste, and Acosta, and by consulting early Spanish chronicles. A librarian at the Free Public Library of San Juan, Van Middledyk possessed knowledge of and access to considerable primary source material. His history is sympathetic to the Indians and highly critical of Spanish colonial administration. Coming in the wake of American military occupation, the book sought to explain and justify control of the island by the United States.

The Puerto Rican Nation on the Move

The Puerto Rican Nation on the Move
Author :
Publisher : Univ of North Carolina Press
Total Pages : 368
Release :
ISBN-10 : 9780807861479
ISBN-13 : 0807861472
Rating : 4/5 (79 Downloads)

Synopsis The Puerto Rican Nation on the Move by : Jorge Duany

Puerto Ricans maintain a vibrant identity that bridges two very different places--the island of Puerto Rico and the U.S. mainland. Whether they live on the island, in the States, or divide time between the two, most imagine Puerto Rico as a separate nation and view themselves primarily as Puerto Rican. At the same time, Puerto Ricans have been U.S. citizens since 1917, and Puerto Rico has been a U.S. commonwealth since 1952. Jorge Duany uses previously untapped primary sources to bring new insights to questions of Puerto Rican identity, nationalism, and migration. Drawing a distinction between political and cultural nationalism, Duany argues that the Puerto Rican "nation" must be understood as a new kind of translocal entity with deep cultural continuities. He documents a strong sharing of culture between island and mainland, with diasporic communities tightly linked to island life by a steady circular migration. Duany explores the Puerto Rican sense of nationhood by looking at cultural representations produced by Puerto Ricans and considering how others--American anthropologists, photographers, and museum curators, for example--have represented the nation. His sources of information include ethnographic fieldwork, archival research, interviews, surveys, censuses, newspaper articles, personal documents, and literary texts.