Boom And Bust In Puerto Rico

Boom and Bust in Puerto Rico by A. W. Maldonado Pdf

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 2016. 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.

Boom and Bust in Puerto Rico by A. W. Maldonado Pdf

Boom and Bust in Puerto Rico by A. W. Maldonado Pdf

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.

Puerto Rican Identity, Political Development, and Democracy in New York, 1960–1990 by José E. Cruz Pdf

This book studies Puerto Ricans in New York City, focusing on political elites, to explore the role of ethnic identity in the maintenance and development of urban democracy. It suggests that ethnic identity structures political participation in ways that challenge and affirm liberal democracy and, thus, is a positive force in political development.

Puerto Rico by Jorell Meléndez-Badillo Pdf

"How did Puerto Rico end up in its current situation? A Spanish-speaking territory controlled by the United States and populated by the descendants of conquistadors, enslaved Africans, and indigenous inhabitants, this island (or rather archipelago) has a unique history. Jorell Meléndez-Badillo begins the book with an overview of the pre-Columbian societies and cultures that first inhabited Borikén, the indigenous name of the Puerto Rican archipelago. Though the arrival of the Spanish had a profound impact on Puerto Rico's history, he takes care to tell the story "from the shore" and not "from the boat." The Taínos were not merely passive victims; though they were enslaved and murdered during the Conquest, they also had powerful leaders like Agueybaná II who organized the Americas' first indigenous insurrection against colonial rule in 1511. When the colonial enterprise was consolidated a few decades after the Conquest, Puerto Rico became a military outpost for the Spanish Empire. By the nineteenth century, Puerto Rico was a slave colony, and it was ruled through a combination of reform and authoritarianism. This resulted in the proliferation of unsuccessful slave revolts and, in 1868, an insurrection that declared the Republic of Puerto Rico, which only lasted 48 hours. Puerto Rico's major regime change came in 1898 with the US occupation. Though being controlled by the United States has shaped Puerto Rico's history in innumerable ways, it inadvertently fostered a sense of puertorriqueñidad (Puerto Ricanness) among the Island's inhabitants. US colonization may have involved forced Americanization, but it also provoked a multi-layered resistance to those projects, from passive disobedience to armed insurrections. The creation of the Puerto Rican Commonwealth in 1952 involved using a number of institutions to create the notion of cultural nationalism that was detached from the island's colonial status, included Puerto Ricans in the diaspora and was not contingent on obtaining national sovereignty. The last part of the book focuses on more recent developments from the neoliberal turn in the 1990s to current (and likely future) socio-economic and environmental crises"--

Survival: June - July 2023 by The International Institute for Strategic Studies (IISS) Pdf

Survival, the IISS’s bimonthly journal, challenges conventional wisdom and brings fresh, often controversial, perspectives on strategic issues of the moment. In this issue Hannah Aries, Bastian Giegerich and Tim Lawrenson assess that Europe’s defence industry will struggle to meet increased production needs In 2007, the late Ronald Steel judged that while the Iraq War had weakened the United States, it would not profoundly affect US foreign policy (from the archive) Dana H. Allin reflects on Ronald Steel’s legacy and prospects for the ‘extended American Century’ Liana Fix argues that the West should formulate security guarantees for Ukraine in parallel with its counter-offensive Daniel Sobelman assesses that the Yemen-based Houthi rebel movement is emulating Hizbullah And seven more thought-provoking pieces, as well as our regular Book Reviews and Noteworthy column. Editor: Dr Dana Allin Managing Editor: Jonathan Stevenson Associate Editor: Carolyn West Editorial Assistant: Charlie Zawadzki

America’s Last Fortress by Alexander Odishelidze Pdf

A Wall Street Journal and USA Today Bestseller

China’s Belt and Road initiative is on the way. Premier Xi’s agenda? For China to have unrestricted access to the rest of the world. At the focus is America’s last fortress, Puerto Rico, which sits primely at the southern entrance of the Caribbean from the Atlantic Ocean. The only way that China can exercise influence in Puerto Rico—and move freely around the globe—is if Puerto Rico becomes an independent nation. Puerto Rico’s political process is in shambles and the island is now slipping toward independence. Author Alexander Odishelidze spent 30 years on decolonization with a preference for statehood. This is his firsthand account of the mistakes made during that process, and of the vested interests—both on the mainland US and in Puerto Rico—that fought to maintain the status quo. In the 1970s, independence drew less than 5 percent of the vote in Puerto Rico’s elections. During the last election, independence-leaning candidates received almost 50 percent of the vote. The trend is away from statehood. And China is watching.

Making Never-Never Land by Mónica A. Jiménez Pdf

Puerto Rico has been an "unincorporated territory" of the United States for over a century. For much of that time, the archipelago has been mostly invisible to US residents and neglected by the government. However, a series of crises in the first two decades of the twenty-first century, from outsized debt to climate fueled disasters, have led to massive protests and brought Puerto Rico greater visibility. Monica A. Jimenez argues that to fully understand how and why Puerto Rico finds itself in this current moment of precarity, we must look to a larger history of US settler colonialism and racial exclusion in law. The federal policies and jurisprudence that created Puerto Rico exist within a larger pantheon of exclusionary, race-based laws and policies that have carved out "states of exception" for racial undesirables: Native Americans, African Americans, and the inhabitants of the insular territories. This legal regime has allowed the federal government plenary or complete power over these groups. Jimenez brings these histories together to demonstrate that despite Puerto Rico's unique position as a twenty-first-century colony, its path to that place was not exceptional.

Boom and Bust by William Quinn,John D. Turner Pdf

Why do stock and housing markets sometimes experience amazing booms followed by massive busts and why is this happening more and more frequently? Boom and Bust reveals why bubbles happen, and why some bubbles have catastrophic economic, social and political consequences, whilst others have actually benefited society.

Race, Ethnicity, Gender, and Class by Joseph F. Healey,Andi Stepnick Pdf

Known for its clear and engaging writing, the bestselling Race, Ethnicity, Gender, and Class: The Sociology of Group Conflict and Change has been thoroughly updated to be fresher, more relevant, and more accessible to undergraduates. The text uses sociological perspectives and a consistent conceptual framework to tell the story of America’s minority groups, today and throughout history. By presenting information, asking questions, and examining controversies, it demonstrates that understanding what it means to be an American has always required us to grapple with issues of diversity and difference. This title is accompanied by a complete teaching and learning package.

The New Cold War, China, and the Caribbean by Scott B. MacDonald Pdf

This book examines the slide into a new Cold War in the Caribbean. The primary argument is that the Caribbean’s geopolitics have shifted from a period of relative great power disinterest in the aftermath of the Cold War to a gradual movement into a new Cold War in which a global rivalry between the U.S. and China is acted out regionally. The result of this is a gradual polarization of countries in the Caribbean as they are increasingly pressured to choose between Washington and Beijing (this being very evident during the Trump years). It can be argued that the U.S. focus on the Caribbean in the late 1990s through the early 21st century diminished, leaving the region open to a China ready and eager to do business and guided by a diverse set of objectives. The book brings the reader into a discussion on international relations with a main focus on U.S.-Chinese relations being played out in the Caribbean, an important strategic region for the North American country.

Diversity and Society by Joseph F. Healey,Andi Stepnick Pdf

The author is a proud sponsor of the 2020 SAGE Keith Roberts Teaching Innovations Award—enabling graduate students and early career faculty to attend the annual ASA pre-conference teaching and learning workshop. "The text offers a comprehensive study of historical evolution of race, ethnicity, and gender in the U.S; and makes effective use of contemporary (including open access) sources of information about these issues. My students find the reflective questions and related activities to be instructive and engaging." —Cheryl Renee Gooch, Arts and Humanities Department, Cumberland County College Adapted from the bestselling Race, Ethnicity, Gender, and Class by Joseph F. Healey and Andi Stepnick, Diversity and Society provides a brief overview of inter-group relations in the U.S. In ten succinct chapters, Healey and Stepnick explain concepts and theories about dominant-minority relations; examine historical and contemporary immigration to the U.S.; and narrate the experiences of the largest racial and ethnic minorities. The Sixth Edition of this bestseller explores a variety of experiences within groups, paying particular attention to the intersection of gender with race and ethnicity. While the focus is on minority groups in the U.S., the text also includes comparative, cross-national coverage of group relations in other societies. Updated with the most current trends and patterns in inter-group relations, this text presents empirical data in an accessible format to show students how minorities are inseparable from the larger American experience.

Hispanic Americans in Congress, 1822-2012 by Matthew Andrew Wasniewski,Albin Kowalewski,Laura Turner O'Hara,Terrance Rucker Pdf

"A compilation of historical essays and short biographies about 91 Hispanic-Americans who served in Congress from 1822 to 2012"--Provided by publisher.

Luis Muñoz Marín by A. W. Maldonado Pdf

The book describes the most important events in Muñoz's life, played out within his own internal "civil wars": the transformation from a young bohemian, succeding at nothing, to a political leader, spearheading the campaign to convince the jibaros not to sell their vote; the journey from an ardent independentista to a principal architect of today's Commonwealth; finally, the clash between Operation Bootstrap, that lifted the island from extreme poverty through industrialization, and Operation Serenity, an expression of his yearning for socialist values and humanitarian civilization."--Jacket.

After Slavery by Howard Temperley Pdf

A collection of essays in which every contributor focuses upon some aspect of slave emancipation with the aim of assessing to what extent the outcome met with expectation. The hopes and disappointments that characterized the transition from slavery to freedom are depicted.