Best magazine international business news reporting in print or digital
AWARD DATE: 2017
AWARD NAME: 12 The Morton Frank Award
AWARD RECIPIENT: Monte Reel
AWARD RECIPIENT AFFILIATION: Bloomberg Businessweek
AWARD HONORED WORK: “How to Rebuild Puerto Rico”
AWARD SPONSOR: Mark Lemcke
Puerto Rico lives in a limbo. As a territory of the United States, its people have American citizenship. But lacking statehood, the island lacks clout in Washington, as became tragically evident in 2017, when a hurricane devastated the island-and Puerto Ricans were largely left to their own devices. Monte Reel’s engagingly written account of the aftermath, “How to Rebuild Puerto Rico,” is a sweeping, moving and financially literate account of Puerto Ricans’ struggle to recover. Refusing to bow to cynicism and commending the islanders’ grit, Reel nevertheless realistically examines the obstacles, in Washington and home-grown, to not only recovery but also to a lasting prosperity for this perennially troubled land.