000 03591cam a2200385Ii 4500
001 on1261367969
003 OCoLC
005 20240726105150.0
008 210724t20212021inu ob 001 0 eng d
040 _aEBLCP
_beng
_erda
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_dYDX
_dUKAHL
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_dEBLCP
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_dOCLCO
_dUCW
_dOCLCF
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020 _a9780268200961
_q((electronic)l(electronic)ctronic)
020 _a9780268200992
_q((electronic)l(electronic)ctronic)
043 _anwpr---
050 0 4 _aHD3616
_b.B666 2021
050 0 4 _aF1971
049 _aMAIN
100 1 _aMaldonado, A. W.
_e1
245 1 0 _aBoom and Bust in Puerto Rico :
_bHow Politics Destroyed an Economic Miracle /
_cA.W. Maldonado.
300 _a1 online resource (ix, 256 pages)
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _adata file
_2rda
500 _aDescription based upon print version of record.
504 _a2
505 0 0 _aPrologue --
_tIntroduction --
_tPart I . The Rise And Fall --
_tOne. Operation Bootstrap --
_tTwo. Operation Bootstrap and the Statehood Surge --
_tThree. The Demise of Section 936 --
_tFour. The Turning Point --
_tFive. The Breakdown of the Public Corporations --
_tSix . The Demise of the Government Development Bank --
_tSeven. "That Is Nuts": Puerto Rico's Labor Policy --
_tEight. Will Puerto Rico Become a State? --
_tNine. The Future of Puerto Rico --
_tPart II . The His Torical Context --
_tTen. A "Troubled" Relationship --
_tEleven. A Century of Miscommunication and Misunderstanding --
_tEpilogue. The Pandemic, the "Curse," the "Fix" --
_tNotes --
_tIndex
520 0 _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.
530 _a2
_ub
650 0 _aFinancial crises
_zPuerto Rico.
655 1 _aElectronic Books.
856 4 0 _uhttps://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=2711369&site=eds-live&custid=s3260518
_zClick to access digital title | log in using your CIU ID number and my.ciu.edu password
942 _cOB
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_hHD.
_m2021
_QOL
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_x
_8NFIC
_2LOC
994 _a92
_bNT
999 _c91198
_d91198
902 _a1
_bCynthia Snell
_c1
_dCynthia Snell