The United States and the PROMESA to Puerto Rico: An analysis of the Puerto Rico Oversight, Management, and Economic Stability Act
Your guide to understand why the Board controls Puerto Rico and what its priorities will be in its governing of Puerto Rico.

WHAT DID IT PROMISE?

The Puerto Rico Oversight, Management, and Economic Stability Act, PROMESA, establishes a federal Oversight Board in Puerto Rico with review and certification powers over the Puerto Rico government.
Under the PROMESA, although the Puerto Rico Governor and Legislature will still be elected by Puerto Ricans, their laws, regulations, executive orders, fiscal, financial and economic decisions must be reviewed and approved by an Oversight Board whose seven members are appointed by the U.S. President.

WHAT IS BEHIND THE PROMESA?

This book analyzes the U.S. Congress's discussions and drafting of the PROMESA, as well as all drafts of the PROMESA, and discusses:

• how the law's language reflects the plenary power and control of the U.S. Congress over Puerto Rico;
• how the PROMESA prohibits Puerto Ricans and the Puerto Rico government access to the courts to review the Board's decisions;
• how the PROMESA eliminates the protections Puerto Rico had included in its bond documents;
• how the Board controls, designs, and establishes Puerto Rico's public and social policies;
• how the Board takes over the Puerto Rico government's budgetary and policy authorities;
• how the PROMESA makes it very easy to privatize Puerto Rico's assets;
• how the PROMESA criminalizes expressions of dissent; and
• the hurdles in the implementation of the law.

The PROMESA shows how Puerto Rico's economic and fiscal crises, with their underlying issues of lack of autonomy and political power, are being used by the U.S. Congress and some U.S. special interest groups to protect their interests at the expense of Puerto Ricans.
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The United States and the PROMESA to Puerto Rico: An analysis of the Puerto Rico Oversight, Management, and Economic Stability Act
Your guide to understand why the Board controls Puerto Rico and what its priorities will be in its governing of Puerto Rico.

WHAT DID IT PROMISE?

The Puerto Rico Oversight, Management, and Economic Stability Act, PROMESA, establishes a federal Oversight Board in Puerto Rico with review and certification powers over the Puerto Rico government.
Under the PROMESA, although the Puerto Rico Governor and Legislature will still be elected by Puerto Ricans, their laws, regulations, executive orders, fiscal, financial and economic decisions must be reviewed and approved by an Oversight Board whose seven members are appointed by the U.S. President.

WHAT IS BEHIND THE PROMESA?

This book analyzes the U.S. Congress's discussions and drafting of the PROMESA, as well as all drafts of the PROMESA, and discusses:

• how the law's language reflects the plenary power and control of the U.S. Congress over Puerto Rico;
• how the PROMESA prohibits Puerto Ricans and the Puerto Rico government access to the courts to review the Board's decisions;
• how the PROMESA eliminates the protections Puerto Rico had included in its bond documents;
• how the Board controls, designs, and establishes Puerto Rico's public and social policies;
• how the Board takes over the Puerto Rico government's budgetary and policy authorities;
• how the PROMESA makes it very easy to privatize Puerto Rico's assets;
• how the PROMESA criminalizes expressions of dissent; and
• the hurdles in the implementation of the law.

The PROMESA shows how Puerto Rico's economic and fiscal crises, with their underlying issues of lack of autonomy and political power, are being used by the U.S. Congress and some U.S. special interest groups to protect their interests at the expense of Puerto Ricans.
19.95 In Stock
The United States and the PROMESA to Puerto Rico: An analysis of the Puerto Rico Oversight, Management, and Economic Stability Act

The United States and the PROMESA to Puerto Rico: An analysis of the Puerto Rico Oversight, Management, and Economic Stability Act

by Marïa de los Angeles Trigo
The United States and the PROMESA to Puerto Rico: An analysis of the Puerto Rico Oversight, Management, and Economic Stability Act

The United States and the PROMESA to Puerto Rico: An analysis of the Puerto Rico Oversight, Management, and Economic Stability Act

by Marïa de los Angeles Trigo

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Overview

Your guide to understand why the Board controls Puerto Rico and what its priorities will be in its governing of Puerto Rico.

WHAT DID IT PROMISE?

The Puerto Rico Oversight, Management, and Economic Stability Act, PROMESA, establishes a federal Oversight Board in Puerto Rico with review and certification powers over the Puerto Rico government.
Under the PROMESA, although the Puerto Rico Governor and Legislature will still be elected by Puerto Ricans, their laws, regulations, executive orders, fiscal, financial and economic decisions must be reviewed and approved by an Oversight Board whose seven members are appointed by the U.S. President.

WHAT IS BEHIND THE PROMESA?

This book analyzes the U.S. Congress's discussions and drafting of the PROMESA, as well as all drafts of the PROMESA, and discusses:

• how the law's language reflects the plenary power and control of the U.S. Congress over Puerto Rico;
• how the PROMESA prohibits Puerto Ricans and the Puerto Rico government access to the courts to review the Board's decisions;
• how the PROMESA eliminates the protections Puerto Rico had included in its bond documents;
• how the Board controls, designs, and establishes Puerto Rico's public and social policies;
• how the Board takes over the Puerto Rico government's budgetary and policy authorities;
• how the PROMESA makes it very easy to privatize Puerto Rico's assets;
• how the PROMESA criminalizes expressions of dissent; and
• the hurdles in the implementation of the law.

The PROMESA shows how Puerto Rico's economic and fiscal crises, with their underlying issues of lack of autonomy and political power, are being used by the U.S. Congress and some U.S. special interest groups to protect their interests at the expense of Puerto Ricans.

Product Details

ISBN-13: 9781666213232
Publisher: Barnes & Noble Press
Publication date: 12/24/2020
Pages: 270
Product dimensions: 5.50(w) x 8.50(h) x 0.57(d)

About the Author

María de los Angeles Trigo is an attorney and CPA with over 20 years of experience in the public and municipal finance area, I advise financial institutions, investors, law firms, think tanks, and government institutions on Puerto Rico debt’s legal and regulatory framework. She worked for 16 years with the Government Development Bank for Puerto Rico and was Director of the Compliance Department and Acting Deputy Director of the Legal Division, and has a B.B.A. and J.D. from the University Puerto Rico.
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