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  • The Road to PROMESA

    Inside the Largest Public Debt Restructuring in US History

    The inside story of Puerto Rico's municipal debt restructuring and bankruptcy crisis—the largest in US history—and how Congress resolved itCold War tax incentives helped Puerto Rico to develop its economy. However, these incentives were phased out beginning in 1996, and the island slid into a recession a decade later. After years of stagnation, emigration of a large part of its population, and ... Read more

    $44.99 USD

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