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Island Paradox - Puerto Rico in the 1990s (Paperback, New edition)
Loot Price: R494
Discovery Miles 4 940
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Island Paradox - Puerto Rico in the 1990s (Paperback, New edition)
Series: 1990 census research series
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Loot Price R494
Discovery Miles 4 940
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Island Paradox is the first comprehensive, census-based portrait of
social and economic life in Puerto Rico. During its nearly
fiftyyears as a U.S. commonwealth, the relationship between Puerto
Rico's small, developing economy and the vastly larger, more
industrialized United States has triggered profound changes in the
island's industry and labor force. Puerto Rico has been deeply
affected by the constant flow of its people to and from the
mainland, and by the influx of immigrant workers from other
nations. Distinguished economists Francisco Rivera-Batiz and Carlos
Santiago provide the latest data on the socioeconomic status of
Puerto Rico today, and examine current conditions within the
context of the major trends of the past two decades.sland Paradox
describes many improvements in Puerto Rico's standard of living,
including rising per-capita income, longer life expectancies,
greater educational attainment, and increased job prospects for
women. But it also discusses the devastating surge in unemployment.
Rapid urbanization and a vanishing agricultural sector have led to
severe inequality, as family income has become increasingly
dependent on education and geographic location. Although Puerto
Rico's close ties to the United States were the major source of the
island's economic growth prior to 1970, they have also been at the
root of recent hardships. Puerto Rico's trade andbusiness
transactions remain predominantly with the United States, but
changes in federal tax, social, and budgetary policies, along with
international agreements such as NAFTA, now threaten to alter the
economic ties between the island and the mainland.
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