Associate Professor Deserai Crow is quoted in the article “With Little Cash, How Will Puerto Rico and the Virgin Islands Rebuild?” that was published in Governing on Oct. 4, 2017.
“For financially beleaguered Puerto Rico and the U.S. Virgin Islands, the physical devastation wrought by recent hurricanes has thrown into question the territories’ economic futures. How is Puerto Rico’s bankruptcy affected, for example, or the Virgin Islands’ own debt troubles? … Since both U.S. territories had such a low financial capacity to deal with a major disaster in the first place, it will take them much longer to rebuild than Houston and the Florida Keys, which were also hit by major hurricanes this year. “It’s going to easily be a decade,” says Deserai Crow, a disaster recovery expert at the University of Colorado Denver.
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