Maria 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 (eBook, ePUB)

• Format: ePub

Produktbeschreibung

Your guide to understand why the Board controls and what their priorities will be in their governing of Puerto Rico WHAT DID IT PROMISE? 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 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 PROMESA makes it very easy to privatize Puerto Rico's assets; 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. With notes and bibliography.

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Produktdetails

• Verlag: Maria de los Angeles Trigo
• Erscheinungstermin: 29. August 2016
• Englisch
• ISBN-13: 9781370160471
• Artikelnr.: 56943554

Autorenporträt

I aim to write about the relationship between the U.S. and Puerto Rico for the reader who would like to know more about the ties that bind Puerto Rico to the U.S. without having to delve into academic treatises or historical volumes. I write to provide you with insights and information on Puerto Rico's fiscal and legal situation, rooted in Puerto Rico's history, and legal and political status.

I believe analyses about Puerto Rico must consider the historical background of its constitutional development, as well as its relationship with the U.S.: Puerto Rico's legal framework, constitutional boundaries, and political realities and limits are unique even if some features seem similar to those of sovereigns or U.S. states. My books discuss different aspects of this metropolis-colony relationship still playing out in the twenty-first century, told from my perspective as someone whose life is subject to foreign plenary powers that should have been abolished a long time ago.

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. I 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.

I have a B.B.A. and a J.D. from the University of Puerto Rico.