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The island's government and public agencies hold 72 billion dollars of debt obligations, but migration to the mainland United States, political unwillingness to cut spending and…
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DOI: 10.1108/OXAN-DB207677
ISSN: 2633-304X
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Under the Puerto Rico Oversight, Management and Economic Stability Act (PROMESA) passed by the US Congress earlier this year, the oversight board can set the island’s fiscal…
PUERTO RICO: Default would not spur US federal action
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DOI: 10.1108/OXAN-ES207027
ISSN: 2633-304X
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PUERTO RICO: Debt freeze will accelerate crisis
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DOI: 10.1108/OXAN-ES210384
ISSN: 2633-304X
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Post-default politics in Puerto Rico.
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DOI: 10.1108/OXAN-DB213057
ISSN: 2633-304X
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PUERTO RICO: GDB default will not spur US Congress
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DOI: 10.1108/OXAN-ES210841
ISSN: 2633-304X
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PUERTO RICO: Fiscal consolidation will follow default
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DOI: 10.1108/OXAN-ES212125
ISSN: 2633-304X
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PUERTO RICO: Congress is unlikely to halt July default
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DOI: 10.1108/OXAN-ES211348
ISSN: 2633-304X
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PUERTO RICO: Default heralds further decline in 2016
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DOI: 10.1108/OXAN-ES207629
ISSN: 2633-304X
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The missed payment marks the island’s second default of 2017 after missing payments in January. The federal fiscal control board imposed by the US Congress has given the indebted…