News
Irma & creative destruction
Dickson Igwe
The following story highlights the centrality of economics in disaster recovery, post Hurricane Irma, for the Virgin Islands. Hurricanes Irma and Maria, add major floods, devastated the Virgin Islands in September 2017. The country is under threat of a long economic recession owing to the September disasters. The correct and appropriate application of economics- scarce resource management- holds the answers to a short recession and full recovery.