Summary:
I published a while ago a link to a piece by Argeo Quiñones and Ian Seda on the situation in Puerto Rico. Below a graph of GDP (in constant prices). Clearly the economy started to collapsed in 2007, more or less with the US recession. The difference is that there has been no recovery in Puerto Rico. Not surprisingly there is talk about Prexit (an exit from the US; even though the entry was incomplete and subordinate).
Topics:
Matias Vernengo considers the following as important: Prexit, Puerto Rico
This could be interesting, too:
I published a while ago a link to a piece by Argeo Quiñones and Ian Seda on the situation in Puerto Rico. Below a graph of GDP (in constant prices). Clearly the economy started to collapsed in 2007, more or less with the US recession. The difference is that there has been no recovery in Puerto Rico. Not surprisingly there is talk about Prexit (an exit from the US; even though the entry was incomplete and subordinate).
Topics:
Matias Vernengo considers the following as important: Prexit, Puerto Rico
This could be interesting, too:
Mike Norman writes Menzie Chin — “Go back to Puerto Rico”
Mike Norman writes Reed Richardson — Media Ignoring Puerto Rico’s ‘Shock Doctrine’ Makeover
Mike Norman writes Kate Aronoff — Disaster Capitalists Take Big Step Toward Privatizing Puerto Rico’s Electric Grid
Mike Norman writes Aída Chávez — Freedom Caucus Chair Warns Congress Not To “Bail Out” Puerto Rico
I published a while ago a link to a piece by Argeo Quiñones and Ian Seda on the situation in Puerto Rico. Below a graph of GDP (in constant prices).
Clearly the economy started to collapsed in 2007, more or less with the US recession. The difference is that there has been no recovery in Puerto Rico. Not surprisingly there is talk about Prexit (an exit from the US; even though the entry was incomplete and subordinate).
Clearly the economy started to collapsed in 2007, more or less with the US recession. The difference is that there has been no recovery in Puerto Rico. Not surprisingly there is talk about Prexit (an exit from the US; even though the entry was incomplete and subordinate).