Congress passed a new disaster relief bill, to provide Puerto Rico an additional $1.4 billion. But colonial status, a financial oversight board with conflict of interest, and unfavorable laws ensure that the Island remains mired in poverty

Mark Weisbrot

Mark Weisbrot is Co-Director of the Center for Economic and Policy Research in Washington, D.C. He is also the author of “Failed: What the ‘Experts’ Got Wrong About the Global Economy” (2015, Oxford University Press).