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Book Economic History of Puerto Rico

Download or read book Economic History of Puerto Rico written by James L. Dietz and published by Princeton University Press. This book was released on 1986 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a comprehensive and detailed account of the economichistory of Puerto Rico from the period of Spanish colonial dominationto the present. Interweaving findings of the "new" Puerto Ricanhistoriography with those of earlier historical studies, and usingthe most recent theoretical concepts to interpret them, James Dietzexamines the complex manner in which productive and class relationswithin Puerto Rico have interacted with changes in its placein the world economy.Besides including aggregate data on Puerto Rico's economy, theauthor offers valuable information on workers' living conditionsand women workers, plus new interpretations of development sinceOperation Bootstrap. His evaluation of the island's export-orientedeconomy has implications for many other developing countries.

Book The Economy of Puerto Rico

Download or read book The Economy of Puerto Rico written by Susan M. Collins and published by Rowman & Littlefield. This book was released on 2007-08-29 with total page 632 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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).

Book Boom and Bust in Puerto Rico

    Book Details:
  • Author : A. W. Maldonado
  • Publisher : University of Notre Dame Pess
  • Release : 2021-08-01
  • ISBN : 0268200998
  • Pages : 318 pages

Download or read book Boom and Bust in Puerto Rico written by A. W. Maldonado and published by University of Notre Dame Pess. This book was released on 2021-08-01 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book Puerto Rico in the American Century

Download or read book Puerto Rico in the American Century written by César J. Ayala and published by Univ of North Carolina Press. This book was released on 2009-06-23 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offering a comprehensive overview of Puerto Rico's history and evolution since the installation of U.S. rule, Cesar Ayala and Rafael Bernabe connect the island's economic, political, cultural, and social past. Puerto Rico in the American Century explores Puerto Ricans in the diaspora as well as the island residents, who experience an unusual and daily conundrum: they consider themselves a distinct people but are part of the American political system; they have U.S. citizenship but are not represented in the U.S. Congress; and they live on land that is neither independent nor part of the United States. Highlighting both well-known and forgotten figures from Puerto Rican history, Ayala and Bernabe discuss a wide range of topics, including literary and cultural debates and social and labor struggles that previous histories have neglected. Although the island's political economy remains dependent on the United States, the authors also discuss Puerto Rico's situation in light of world economies. Ayala and Bernabe argue that the inability of Puerto Rico to shake its colonial legacy reveals the limits of free-market capitalism, a break from which would require a renewal of the long tradition of labor and social activism in Puerto Rico in connection with similar currents in the United States.

Book Agrarian Puerto Rico

Download or read book Agrarian Puerto Rico written by César J. Ayala and published by Cambridge University Press. This book was released on 2020-01-30 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: Challenges dominant interpretations of colonialism's impact on the economy and social structuring of a US-owned Caribbean colony.

Book Puerto Rico

    Book Details:
  • Author : James L. Dietz
  • Publisher : Lynne Rienner Publishers
  • Release : 2003
  • ISBN : 9781588261472
  • Pages : 236 pages

Download or read book Puerto Rico written by James L. Dietz and published by Lynne Rienner Publishers. This book was released on 2003 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the midst of significantly changing economic and political relations with the United States, Puerto Rico is struggling to find a new - and effective - development path. James Dietz examines the island's contemporary development trajectory, providing a comprehensive and up-to-date analysis. Dietz considers where Puerto Rico's economy is today, why, and how its challenging state of affairs might be improved. Throughout, building on his acclaimed Economic History of Puerto Rico, he explores the historical, social, and political forces that have accompanied Puerto Rico's course from the 1940s to the first decade of the twenty-first century.

Book The Economy of Puerto Rico

Download or read book The Economy of Puerto Rico written by Susan M. Collins and published by Rowman & Littlefield. This book was released on 2007-08-29 with total page 628 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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).

Book Puerto Rico

    Book Details:
  • Author : Jorge Duany
  • Publisher : Oxford University Press
  • Release : 2017
  • ISBN : 0190648694
  • Pages : 209 pages

Download or read book Puerto Rico written by Jorge Duany and published by Oxford University Press. This book was released on 2017 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book Island Paradox

    Book Details:
  • Author : Francisco Rivera-Batiz
  • Publisher : Russell Sage Foundation
  • Release : 1996-11-21
  • ISBN : 1610444736
  • Pages : 211 pages

Download or read book Island Paradox written by Francisco Rivera-Batiz and published by Russell Sage Foundation. This book was released on 1996-11-21 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: "One of the year's best books on Puerto Rico."—El Nuevo Dia, San Juan "[The authors] are highly regarded labor economists who have written extensively and intelligently in the past, and again in this volume, on Puerto Rican migration and labor markets... There isabundant statistical data and careful analysis, some of which challenges the conventional wisdom. Highly recommended." —Choice 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. Island 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. Island Paradox reveals the social and family changes that have occurred among Puerto Ricans on the island and the mainland. The significant decline in the island's population growth is traced in part to women's increased pursuit of educational and employment opportunities before marrying. More children are being raised by singleparents, but this stems from a higher divorce rate and not a rise in teenage pregnancy. The widespread circular migration to and from the United States has had strong repercussions for the island's labor markets and social balance, leading to concerns about an island brain drain. The Puerto Rican population in the United States hasbecome increasingly diverse, less regionally concentrated and not, as some have claimed, in danger of becoming an underclass. Within a single generation Puerto Rico has experienced social and economic shifts of an unprecedented magnitude. Island Paradox charts Puerto Rico's economic fortunes, summarizes the major demographic trends, and identifies the issues that will have the strongest bearings on Puerto Rico's prospects for a successful future. A Volume in the Russell Sage Foundation Census Series

Book American Sugar Kingdom

    Book Details:
  • Author : César J. Ayala
  • Publisher : Univ of North Carolina Press
  • Release : 2009-11-15
  • ISBN : 0807867977
  • Pages : 336 pages

Download or read book American Sugar Kingdom written by César J. Ayala and published by Univ of North Carolina Press. This book was released on 2009-11-15 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Engaging conventional arguments that the persistence of plantations is the cause of economic underdevelopment in the Caribbean, this book focuses on the discontinuities in the development of plantation economies in Cuba, Puerto Rico, and the Dominican Republic in the early twentieth century. Cesar Ayala analyzes and compares the explosive growth of sugar production in the three nations following the War of 1898--when the U.S. acquired Cuba and Puerto Rico--to show how closely the development of the Spanish Caribbean's modern economic and social class systems is linked to the history of the U.S. sugar industry during its greatest period of expansion and consolidation. Ayala examines patterns of investment and principal groups of investors, interactions between U.S. capitalists and native planters, contrasts between new and old regions of sugar monoculture, the historical formation of the working class on sugar plantations, and patterns of labor migration. In contrast to most studies of the Spanish Caribbean, which focus on only one country, his account places the history of U.S. colonialism in the region, and the history of plantation agriculture across the region, in comparative perspective.

Book Sugar and Slavery in Puerto Rico

Download or read book Sugar and Slavery in Puerto Rico written by Francisco Antonio Scarano and published by . This book was released on 1984 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Subject People and Colonial Discourses

Download or read book Subject People and Colonial Discourses written by Kelvin A. Santiago-Valles and published by SUNY Press. This book was released on 1994-01-11 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Critically drawing on recent theorizations of post-structuralism, feminism, critical criminology, subaltern studies, and post-coloniality he examines the mechanisms through which colonized subjects become recognized, contained, and represented as subordinate.

Book The United States and the Development of the Puerto Rican Status Question  1936 1968

Download or read book The United States and the Development of the Puerto Rican Status Question 1936 1968 written by Surendra Bhana and published by . This book was released on 1975 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: An antique doll helps a young girl whose mother has carefully protected her from traditional sex roles achieve self-assurance and personal definition.

Book Sugar  Slavery  and Freedom in Nineteenth Century Puerto Rico

Download or read book Sugar Slavery and Freedom in Nineteenth Century Puerto Rico written by Luis A. Figueroa and published by Univ of North Carolina Press. This book was released on 2006-05-18 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contributions of the black population to the history and economic development of Puerto Rico have long been distorted and underplayed, Luis A. Figueroa contends. Focusing on the southeastern coastal region of Guayama, one of Puerto Rico's three leading centers of sugarcane agriculture, Figueroa examines the transition from slavery and slave labor to freedom and free labor after the 1873 abolition of slavery in colonial Puerto Rico. He corrects misconceptions about how ex-slaves went about building their lives and livelihoods after emancipation and debunks standing myths about race relations in Puerto Rico. Historians have assumed that after emancipation in Puerto Rico, as in other parts of the Caribbean and the U.S. South, former slaves acquired some land of their own and became subsistence farmers. Figueroa finds that in Puerto Rico, however, this was not an option because both capital and land available for sale to the Afro-Puerto Rican population were scarce. Paying particular attention to class, gender, and race, his account of how these libertos joined the labor market profoundly revises our understanding of the emancipation process and the evolution of the working class in Puerto Rico.

Book Kicking Off the Bootstraps

Download or read book Kicking Off the Bootstraps written by DŽborah Berman Santana and published by University of Arizona Press. This book was released on 1996 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: While small communities in Third World countries usually seem at the mercy of central governments and foreign capitalists, local activists can help exploited peoples correct environmental abuses and social injustices and seize control of their own destinies. Kicking Off the Bootstraps is a powerful case history of such an effort. It describes a grassroots activist movement that emerged in the Puerto Rican community of Salinas to counter the poverty and economic dependence experienced by its citizens in the wake of "Operation Bootstrap," a post-World War II industrial development program. DŽborah Berman Santana examines the efforts of the community to develop its own economic strategy based primarily on environmentally and socially responsible uses of local natural and human resources. Berman Santana shows how local activists are seeking to empower the Salinas community to make decisions concerning economic development. She evaluates present-day efforts to develop positive alternatives, examining the motivations of the activists, the nature of their projects, their efforts to mobilize the community, their dealings with government and other organizations, and the obstacles they face. In a closing chapter, she addresses the potential roles of community leaders, outside activists, local businesses, and government in actualizing these alternatives. A testimony to one community's efforts to determine its own future, Kicking Off the Bootstraps deals with real issues such as control over productive resources, quality of life, and environmental health. It also extends an examination of community-directed activism to an exploration of policy implications for sustainable development. While this concept is often too vague to be applied to real strategies, the Salinas experience provides a clear idea of what sustainable development can--and should--mean in actual practice.

Book The Battle for Paradise

Download or read book The Battle for Paradise written by Naomi Klein and published by Haymarket Books. This book was released on 2018-06-05 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fearless necessary reporting . . . Klein exposes the ‘battle of utopias’ that is currently unfolding in storm-ravaged Puerto Rico” (Junot Díaz, author of The Brief Wondrous Life of Oscar Wao) “We are in a fight for our lives. Hurricanes Irma and María unmasked the colonialism we face in Puerto Rico, and the inequality it fosters, creating a fierce humanitarian crisis. Now we must find a path forward to equality and sustainability, a path driven by communities, not investors. And this book explains, with careful and unbiased reporting, only the efforts of our community activists can answer the paramount question: What type of society do we want to become and who is Puerto Rico for?” —Carmen Yulín Cruz, Mayor of San Juan, Puerto Rico In the rubble of Hurricane Maria, Puerto Ricans and ultrarich “Puertopians” are locked in a pitched struggle over how to remake the island. In this vital and startling investigation, bestselling author and activist Naomi Klein uncovers how the forces of shock politics and disaster capitalism seek to undermine the nation’s radical, resilient vision for a “just recovery.” All royalties from the sale of this book in English and Spanish go directly to JunteGente, a gathering of Puerto Rican organizations resisting disaster capitalism and advancing a fair and healthy recovery for their island. “Klein chronicles the extraordinary grassroots resistance by the Puerto Rican people against neoliberal privatization and Wall Street greed in the aftermath of the island’s financial meltdown, of hurricane devastation, and of Washington’s imposition of an outside control board over the most important U.S. colony.” —Juan González, cohost of Democracy Now! and author of Harvest of Empire: A History of Latinos in America

Book Accumulation and Power  Economic History of the United States

Download or read book Accumulation and Power Economic History of the United States written by Richard B. DuBoff and published by Routledge. This book was released on 2016-07-22 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: Koreas location at the very center of Northeast Asia also gives it a pivotal role in the economic integration of the region and the dynamic development of its more powerful neighbors. This book offers an appraisal of Korea as the key to the coalescence of a broad, open Northeast Asian regionalism in the 21st century.