https://simplybridges.com/wp-content/uploads/2022/06/Waiting_by_the_side_of_the_road_in_Puerto_Rico.jpg 853 1280 Gingie https://simplybridges.com/wp-content/uploads/2023/01/IMG_6B25C825B2E9-1-300x93.jpeg Gingie2022-06-29 20:07:482022-06-29 20:13:06Puerto Rico and PROMESA: Reaffirming Colonialism
Puerto Rico and PROMESA: Reaffirming Colonialism
Pedro Caban firstname.lastname@example.org
With this dramatic announcement, Governor Alejandro García Padilla transformed the island nation’s long-simmering debt overhang problem into an international spectacle. A financial mess that seemingly concerned only institutional investors, municipal bondholders, and some hedge fund managers exploded into a full-blown debt crisis with disquieting parallels to the situation in Greece.
Publisher Acknowledgment This article was reproduced with permission: Caban, Pedro. “Puerto Rico and
PROMESA: Reaffirming Colonialism” New Politics Journal, vol. 14, no. 3, (Summer 2017): http://newpol.org/content/puerto-rico-and-promesa-reaffirming-colonialism