Boom and Bust in Puerto Rico

Boom and Bust in Puerto Rico PDF

Author: A. W. Maldonado

Publisher: University of Notre Dame Pess

Published: 2021-08-01

Total Pages: 318

ISBN-13: 0268200998

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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.

How We Affect Latin America's Daily Life

How We Affect Latin America's Daily Life PDF

Author: William J. Dangaix

Publisher:

Published: 2015-07-14

Total Pages: 58

ISBN-13: 9781331373766

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Excerpt from How We Affect Latin America's Daily Life: Latin American, No; 2 If the United States is to hold its war-time lead in Latin America's foreign trade, our business men and our public must know more and think straighter about our ability to serve Latin American countries and our growing need for their foods and raw materials suitable for our manufactures. To give the basic facts about our present and possible future relations with Latin America is the purpose of the two pamphlets which the Institute for Public Service has persuaded Mr. William J. Dangaix to write from his personal travels and studies. In the present volume, How We Affect Latin America's Daily Life, many startling facts are given, such as that the West Indies' per capita trade with us was in 1918 four times that of Great Britain in 1913; Argentine's nearly five times that of France; Brazil's nearly twice that of Sweden; Cuba's twenty-six times that of Germany; Chile's three times that of Belgium. Will the population of Latin America grow up to her almost limitless natural resources? Are we her logical trading center? How can we earn continued leadership in the world trade of our neighbors to the south? What mistakes must we stop making? What are the encouraging evidences that we have profited from past mistakes? These and similar questions are answered by Mr. Dangaix in the two readable, definitely instructive pamphlets, How Latin America Affects Our Daily Life and How We Affect Latin America's Daily Life. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Excerpt: Latin America

Excerpt: Latin America PDF

Author: Ms.Dora M Iakova

Publisher: International Monetary Fund

Published: 2014-12-15

Total Pages: 28

ISBN-13: 1498331084

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This is an excerpt of Latin America: New Challenges to Grwoth and Stability.

Latin America and the War (Classic Reprint)

Latin America and the War (Classic Reprint) PDF

Author: Percy Alvin Martin

Publisher: Forgotten Books

Published: 2018-04-30

Total Pages: 600

ISBN-13: 9780366363582

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Excerpt from Latin America and the War It was at this juncture also that the peculiar relations flowing out of membership in the Pan American family of nations introduced further problems. Several of the South American republics felt that the obligations of Pan American or continental solidarity could be discharged only through the formal severance of re lations with Germany. Finally the war had a reper cussion on the internal life of these countries which directly affected the conduct of their foreign policies. Especially was this true of those nations in which public Opinion had become sufficiently articulate and powerful to influence the actions of the government. The student of Latin American diplomacy of this period cannot therefore afford to ignore the pronouncement of leading writers and public men, the policy of the representative newspapers, and the force of propaganda. The official documents alone, important as these are, in many cases present an incomplete or distorted picture of the attitude of the nation as a whole to the Great war and its issues. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

The United States and Latin America (Classic Reprint)

The United States and Latin America (Classic Reprint) PDF

Author: John Holladay Latane

Publisher: Forgotten Books

Published: 2017-09-15

Total Pages: 362

ISBN-13: 9781528360159

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Excerpt from The United States and Latin America Chapters I, II and V are reprinted with only minor changes; III, IV and VI have been rewritten and VII, VIII and IX are wholly. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Latin America and the United States Addresses (Classic Reprint)

Latin America and the United States Addresses (Classic Reprint) PDF

Author: Elihu Root

Publisher: Forgotten Books

Published: 2018-02-17

Total Pages: 322

ISBN-13: 9780656786527

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Excerpt from Latin America and the United States Addresses Address at the dedication of the building, Washington, D. C., Apri126, 1910. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

For Better Relations With Our Latin American Neighbors

For Better Relations With Our Latin American Neighbors PDF

Author: Fellow in Development Economics Robert Bacon

Publisher:

Published: 2015-07-12

Total Pages: 204

ISBN-13: 9781331212812

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Excerpt from For Better Relations With Our Latin American Neighbors: A Journey to South America No small part of the work of the Division of Intercourse and Education of the Carnegie Endowment for International Peace is done through the medium of international visits by representative men. Experience has already confirmed the reasonable assumption that such visits are useful, and in high degree helpful, in building up a spirit of international friendship and in developing international understanding. A careful reading of Mr. Robert Bacon's Report of the details of his trip to South America in the summer and autumn of 1913 will show precisely how such visits as his contribute to the peace and good order of the world. National ideals and national policies are carefully and sympathetically explained, not only to leading personalities in the countries visited, but also to large and representative audiences of teachers, merchants and men of affairs. The newspaper press is almost uniformly interested and helpful on occasions of this kind, and the visitor of distinction and of public service at home is made cordially and warmly welcome. It is in high degree important to multiply such visits on the part of representative men in the various American republics. The barrier of language will be broken down, or surmounted, as a knowledge of English becomes more widespread in the South American countries, and as the ability to read, to speak and to write Spanish increases in the United States. Bonds of a common interest in finance and in commerce are already being forged between the peoples of the several American republics. These bonds will be followed and strengthened by others in due time. There will thus be developed a genuine American public opinion and a genuine American understanding and point of view, that will be common alike to the people of the United States and to those of the other republics to the south. In order that Mr. Bacon's Report may most effectively accomplish its purpose, it is now published in two editions, an English edition for circulation among English speaking people, and a Spanish and Portuguese edition for circulation in Latin America. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Getting Together With Latin America (Classic Reprint)

Getting Together With Latin America (Classic Reprint) PDF

Author: A. Hyatt Verrill

Publisher: Forgotten Books

Published: 2017-12-25

Total Pages: 242

ISBN-13: 9780484757003

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Excerpt from Getting Together With Latin America IN preparing this book no attempt has been made to go into all the details of Latin Ameri can trade, and other conditions, or to prepare a complete and analytical treatise on our past, present and future relations with the republics of South and Central America. To do that would require not one, but many, volumes, each far more comprehensive than the present work, for an entire book might be devoted to the business conditions in each republic. Al though conditions, customs and affairs differ greatly in the various countries of Latin America, yet the same generalities prevail, with but few exceptions, and I have endeavored to treat of matters in a broad and comprehensive manner without the finer distinctions which would relate to individual republics. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.