Puerto Rico's Moment of Truth
July 5, 2016 Foreign Affairs
Andrew Schrank and Michael Piore co-author an article about Puerto Rico’s debt problem and the approval of the Puerto Rico Oversight, Management, and Economic Stability Act. They argue that unless Puerto Rico adopts a new development structure, the country is likely to experience the same crisis down the road.
"Puerto Rico's Moment of Truth" by Andrew Schrank and Michael Piore - Foreign Affairs