The economic effect of disasters Japanese earthquakes, tsunamis and nuclear

Friday, March 11, 2011 at 14.46 clock struck, a 9.2 earthquake off the coast of Japan. This caused a chain reaction of events that lead to a tsunami, and a nuclear disaster as a leaked radiation power plants, Japan. What are the overall effects of these three disasters?

1 Increased energy prices

Tsunami

Energy prices are due to the fear that the ongoing unrest in the Middle East is on the global supply of oil. The plant disaster in the power Fukusimaunderlines the need for Japan to import hours conventional energy sources to produce energy for all its nuclear facilities, in addition to the increased demand for natural gas and oil is replaced.

2 Renewal of Infrastructure Projects

Tsunami

Both the earthquake and tsunami severely damaged many of the infrastructure of Japan. It would obviously mean a reconstruction phase, a government with a problem of high debt would be necessary to restore these areas through this disaster hit triple invest.This may be the responsibility of the business sector that dominate the economy of Japan.

3 Banks and insurance losses

Both insurance companies pay billions of dollars of loans due to the earthquake and tsunami, remains to be seen, but the "man-made" nuclear catastrophe was to be their responsibility. World Bank and Japan's insurance sector may be forced to reinvest at home, deplete all its global investments outside the country.

4 ChangeGovernment?

The economic effect of disasters Japanese earthquakes, tsunamis and nuclear

Before these three disasters, ordinary Japanese had struck their trust in government has lost another scandal. As the government's response to these three disasters, and the subsequent reconstruction process could change the public perception of their leaders, but in the long run, we could see more changes within the leading group of the Japanese government.

5 Environmental Perceptions

After the nuclear disaster Fukusima, many people are questioning the wisdomConstruction of nuclear power plants in an earthquake zone. Depending on the radiation and contamination of the environment, a global response to the use of nuclear energy might lead to the end of Obama's nuclear program in the United States, and also ambitious energy program in France.

6 Money Market

Japan remains the third largest economy in the world, as well as the United States, one of the largest debtors. The value of the yen may fall as banks spend on reconstruction projects, whilethe government may be forced to raise taxes to pay for them. Several large Japanese companies may stop or put on hold projects abroad, the funds re-invested in the reconstruction of earthquake affected.

7 Asia-Pacific growth

China has the money and the economy of this region, but Japan is a second player in economic terms. Japanese companies in many parts of Southeast Asia and North-invest, while the government often sponsor educational programs and training in the region.Japanese contributions to the field, could be reduced, which reduced the growth of certain fears.

The natural disasters of earthquake and tsunami disaster has brought the man and the nuclear destruction of part of a high-tech nation .. The Japanese people are resilient, resourceful and hardworking, and should be overcome obstacles to reconstruction. However, this means a short-term effect on the world economy, and a long-term impact on the future of nuclear power.

The economic effect of disasters Japanese earthquakes, tsunamis and nuclear