The Politics of PROMESA.

This article provides an overview of PROMESA in the context of an erratic historical pattern of U.S. policy implementation toward Puerto Rico and offer an analysis of the congressional political and legislative dynamics that led to the enactment of the law. PROMESA's core components were and are con...

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Publicado en:Centro Journal Vol. 30; no. 3; pp. 43 - 72
Autor principal: MELÉNDEZ, EDWIN
Formato: Artículo
Publicado: Centro de Estudios Puertorriquenos (Center for Puerto Rican Studies) Fall2018
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: The Politics of PROMESA.
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        au: MELÉNDEZ, EDWIN
        affil: Professor of Urban Policy and Planning and the Director of the Center for Puerto Rican Studies at Hunter College, CUNY
      su:
        Puerto Rico Oversight, Management & Economic Stability Act
        Puerto Rico-United States relations
        Puerto Rican politics & government
        Austerity
        Puerto Rican economic conditions
        Economic development
        Economic policy
        Puerto Rico
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          Puerto Rico
          Puerto Rico Oversight, Management & Economic Stability Act
          Puerto Rico-United States relations
          Puerto Rican politics & government
          Austerity
          Puerto Rican economic conditions
          Economic development
          Economic policy
      keyword:
        austerity
        debt crisis
        economic development
        federal funding
        PROMESA
        U.S. policy
      ab: This article provides an overview of PROMESA in the context of an erratic historical pattern of U.S. policy implementation toward Puerto Rico and offer an analysis of the congressional political and legislative dynamics that led to the enactment of the law. PROMESA's core components were and are contentious to various constituencies affected by the legislation, especially to those directly affected by severe austerity measures and bondholders who have lost substantial value in their investments. PROMESA received divided support from the Puerto Rican people and its elected officials when enacted and represents a new reality and challenge to the Puerto Rican people both on the island and stateside.
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    language: English
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