Download or read book The Economy of Puerto Rico written by Barry Bosworth and published by Brookings Institution Press. This book was released on 2006 with total page 607 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
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.
Download or read book Inside the Puerto Rico Economy written by and published by Inside Puerto Rico Economy. This book was released on 2007 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of 120 short economic essays explores challenging aspects of the island's economy and provides insights for leaders in business, government, academia, non-profits, and other entities.
Download or read book Slave Families and the Hato Economy in Puerto Rico written by David M. Stark and published by University Press of Florida. This book was released on 2017-05-24 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scholarship on slavery in the Caribbean frequently emphasizes sugar and tobacco production, but this unique work illustrates the importance of the region’s hato economy—a combination of livestock ranching, foodstuff cultivation, and timber harvesting—on the living patterns among slave communities. David Stark makes use of extensive Catholic parish records to provide a comprehensive examination of slavery in Puerto Rico and across the Spanish Caribbean. He reconstructs slave families to examine incidences of marriage, as well as birth and death rates. The result are never-before-analyzed details on how many enslaved Africans came to Puerto Rico, where they came from, and how their populations grew through natural increase. Stark convincingly argues that when animal husbandry drove much of the island’s economy, slavery was less harsh than in better-known plantation regimes geared toward crop cultivation. Slaves in the hato economy experienced more favorable conditions for family formation, relatively relaxed work regimes, higher fertility rates, and lower mortality rates.
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:
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.
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.
Download or read book Fantasy Island written by Ed Morales and published by Bold Type Books. This book was released on 2019-09-10 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
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.
Download or read book Puerto Rico written by José Trías Monge and published by Yale University Press. This book was released on 1997-01-01 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
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 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
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
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: 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.
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 2018-06-05 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a comprehensive and detailed account of the economic history of Puerto Rico from the period of Spanish colonial domination to the present. Interweaving findings of the "new" Puerto Rican historiography with those of earlier historical studies, and using the most recent theoretical concepts to interpret them, James Dietz examines the complex manner in which productive and class relations within Puerto Rico have interacted with changes in its place in the world economy. Besides including aggregate data on Puerto Rico's economy, the author offers valuable information on workers' living conditions and women workers, plus new interpretations of development since Operation Bootstrap. His evaluation of the island's export-oriented economy has implications for many other developing countries.
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.
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.
Download or read book Teodoro Moscoso and Puerto Rico s Operation Bootstrap written by Alex W. Maldonado and published by . This book was released on 2020-11 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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.
