How can a large influx of money into a country become a “curse” to its citizens? In this episode, we discuss how the finance curse can crash economies and upend livelihoods in developing nations. Read More
Greece has received an overwhelming glut of attention over the summer for its financial woes, but the brewing debt crisis in Puerto Rico seems to have been underhyped. What consequences might Puerto Rico’s financial predicament have for the US? How has Puerto Rico’s unique status as a US Territory contributed to its economic stability? Could this debt quagmire change the conversation about the territory’s statehood potential? Join us as we delve into the causes, characteristics, and consequences of the Puerto Rican debt crisis.