Graduation Date

Fall 12-13-2019

Grading Professor

Greg David

Subject Concentration

Business & Economics

Degree Name

Master of Arts (MA)


PROMESA was signed with the purpose of helping the island’s economy recover from its crippling indebtedness. But three years later, the law has caused financial and social instability. Although, PROMESA grants Puerto Rico the right to file for bankruptcy, the effects of the law are worsening the island’s situation. Austerity measures, high costs, migration and a deeper economic recession are drowning the island.

Link to Capstone:



To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.