10:15am - 11:15am:
Lamar University Economic Recovery and Resiliency Program
As a result of US Department of Commerce, Economic Development Administration (EDA) funding, the Lamar University Economic Recovery and Resiliency Program was established. The presentation will describe the background, methods used, findings and broad conclusions for economic recovery and resiliency in Southeast Texas. The presentation will be a summary of the final report submitted to the EDA.
Enrique Venta
Gevorg Sargsyan
Paul Latiolais
Ricardo Colon
James Slaydon
Financial and Risk Management Analysis of the Education Sector in Southeast Texas During Hurricane Harvey
A well-developed education system is important for local economic growth. Without an educated and skilled labor force, local economic growth is almost impossible. This is one of the reasons why the education sector has the support and attention of various public and private stakeholders. Risks and interruptions of activities of educational institutions can have long-term effects on this sector and on the economy in general. Natural disasters are frequent in Southeast Texas and can have the potential to disrupt normal activities of schools and colleges including the financial sustainability of educational institutions. This study analyzes how risks were managed during natural disasters in the education sector of Southeast Texas. The second area of research focuses on understanding the financial resiliency and recovery of educational institutions in this region.