Mariely Lopez-Santana Profile picture
Assoc Prof of PoliSci @ScharSchool. MIGAP co-director. Comparative PolEcon, Welfare, Federalism, and Municipalities in Distress, and the State. UMICH grad. 🇵🇷
Nov 2, 2022 7 tweets 2 min read
Interested in PRican debt? In the last month, I have gone over 60 years of bond-issuance by the island. Here are some of my findings (a thread): #muniland

1) In the first decade of the 20th century, debt in PR was relatively low. 2) But this trend changed in the last part of the 1910s when the Bureau of Insular Affairs (BIA) entered the picture. Until the 1930s, the BIA issued PRican bonds (and, in turn debt significantly increased).