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Island at WarPuerto Rico in the Crucible of the Second World War$
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Jorge Rodríguez "Beruff and José L. Bolivar "Fresneda

Print publication date: 2015

Print ISBN-13: 9781628461640

Published to University Press of Mississippi: September 2016

DOI: 10.14325/mississippi/9781628461640.001.0001

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PRINTED FROM Mississippi SCHOLARSHIP ONLINE (www.mississippi.universitypressscholarship.com). (c) Copyright University Press of Mississippi, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in MSSO for personal use.date: 18 October 2019

The War Economy of Puerto Rico, 1939–1945

The War Economy of Puerto Rico, 1939–1945

Chapter:
(p.111) The War Economy of Puerto Rico, 1939–1945
Source:
Island at War
Author(s):

José L. Bolívar Fresneda

Publisher:
University Press of Mississippi
DOI:10.14325/mississippi/9781628461640.003.0005

José L. Bolívar Fresneda, a historian and engineer, assesses the impact of massive U.S. military investment, the use of the New Deal agencies for war purposes, and the fluke of the rum-revenue bonanza. The Second World War brought about major changes in the Puerto Rican economy, hitherto mainly dependent on sugar exports and federal welfare expenditures. Three income streams provided Puerto Rico, an island with a population of roughly 1.9 million in 1940, with almost $1.2 billion dollars between 1939 and 1947, most of these from military related investments which would slowly erode following the end of the war.

Keywords:   Naval Base at Isla Grande, Puerto Rico Reconstruction Administration, Admiral William D. Leahy, Panama Canal, Works Projects Administration

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