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Puerto Rican Government Debt Crisis Update

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Subject
Writing
School
CUNY Brooklyn College
Type
Homework
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Running head: PUERTO RICAN GOVERNMENT-DEBT CRISIS
Topic: Puerto Rican government-debt crisis
Student name:
Instructor name:
Course name:
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Puerto Rican government-debt crisis 2
Table of Contents
Background information ................................................................................................................. 3
Causes ............................................................................................................................................. 4
State-owned corporations............................................................................................................ 4
Cessation of federal subsidies ..................................................................................................... 5
Mismanagement and disparity .................................................................................................... 6
Economic depression .................................................................................................................. 7
Tax policy ................................................................................................................................... 7
Disparity in federal social funding.............................................................................................. 7
Triple tax exemption ................................................................................................................... 8
Proposed solutions .......................................................................................................................... 8
Restructuring of debt................................................................................................................... 8
Debt nullification ........................................................................................................................ 9
Change in autonomy ................................................................................................................... 9
Bankruptcy .................................................................................................................................. 9
References:.................................................................................................................................... 11

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Running head: PUERTO RICAN GOVERNMENT-DEBT CRISIS Topic: Puerto Rican government-debt crisis Student name: Instructor name: Course name: Date: Puerto Rican government-debt crisis 2 Table of Contents Background information ................................................................................................................. 3 Causes ............................................................................................................................................. 4 State-owned corporations............................................................................................................ 4 Cessation of federal subsidies ..................................................................................................... 5 Mismanagement and disparity .................................................................................................... 6 Economic depression .................................................................................................................. 7 Tax policy ................................................................................................................................... 7 Disparity in federal social funding .............................................................................................. 7 Triple tax exemption ................................................................................................................... 8 Proposed solutions ................................. ...
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