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| 020 | _a0268200971 (hardcover) | ||
| 020 | _a9780268200978 (hardcover) | ||
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_z9780268200992 _q(electronic publication) |
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| 035 | _a(OCoLC)on1231548368 | ||
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_aHD 3616 _bM244b 2021 |
| 082 | 0 | 0 | _a338.97295 |
| 100 | 1 |
_aMaldonado, A. W. _938808 |
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| 245 | 1 | 0 |
_aBoom and bust in Puerto Rico : _bhow politics destroyed an economic miracle / _cA.W. Maldonado. |
| 264 | 1 |
_aNotre Dame, Indiana : _bUniversity of Notre Dame Press, _c2021. |
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| 300 |
_aix, 254 pages ; _c24 cm. |
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| 336 |
_atext _btxt _2rdacontent |
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| 337 |
_aunmediated _bn _2rdamedia |
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| 338 |
_avolume _bnc _2rdacarrier |
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| 504 | _aIncludes bibliographical references (pages 217-232) and index. | ||
| 505 | 0 | _aPrologue -- Introduction -- Part I . The Rise And Fall -- One. Operation Bootstrap -- Two. Operation Bootstrap and the Statehood Surge -- Three. The Demise of Section 936 -- Four. The Turning Point -- Five. The Breakdown of the Public Corporations -- Six . The Demise of the Government Development Bank -- Seven. "That Is Nuts": Puerto Rico's Labor Policy -- Eight. Will Puerto Rico Become a State? -- Nine. The Future of Puerto Rico -- Part II . The His Torical Context -- Ten. A "Troubled" Relationship -- Eleven. A Century of Miscommunication and Misunderstanding -- Epilogue. The Pandemic, the "Curse," the "Fix" -- Notes -- Index. | |
| 520 |
_aIn 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. _cProvided by publisher. |
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_aFinancial crises _zPuerto Rico. |
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| 650 | 4 |
_aCrisis financiera _zPuerto Rico _91782 |
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| 650 | 0 |
_aPolitical Science _zPuerto Rico. |
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| 650 | 4 |
_aCiencia política _zPuerto Rico _9101 |
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_aPuerto Rico _xEconomic conditions _y1952- |
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_aPuerto Rico _xCondiciones económicas _y1952- _917503 |
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_aPuerto Rico _xEconomic policy. |
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_aPuerto Rico _xPolítica económica _922252 |
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_aPuerto Rico _xForeign economic relations _zUnited States. |
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_aPuerto Rico _xRelaciones económicas exteriores _zEstados Unidos _939012 |
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_aUnited States _xForeign economic relations _zPuerto Rico. |
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_aEstados Unidos _xRelaciones económicas exteriores _zPuerto Rico _91775 |
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_aPuerto Rico _xForeign relations _zUnited States. |
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_aPuerto Rico _xRelaciones exteriores _939013 |
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_aUnited States _xForeign relations _zPuerto Rico. |
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_aPuerto Rico _xPolitics and government _y1952-1998. |
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_aPuerto Rico _xPolitics and government _y1998- |
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| 651 | 4 |
_aPuerto Rico _xPolítica y gobierno _ySiglo XX _917502 |
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_iEbook version : _z9780268200992 |
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