The influence of the Japanese earthquake and tsunami on the economy

The recent earthquake and tsunami in Japan obviously has a great influence on the Japanese people. Among the things that can be adversely affected, the Japanese economy. There are many different ways this could be affected.

Repair

Tsunami

The cost of repairs caused by the earthquake and tsunami will be in the billions. Whole cities were wiped out and must be refilled and it will take a lot of time and money. Costs are estimated atsomewhere between $ 100 billion and $ 300 billion.

The influence of the Japanese earthquake and tsunami on the economy

Industries closed

Tsunami

Entire industries have been closed temporarily, and this will have a negative impact on the economy. Otherwise, businesses are in operation, are not making money. Small businesses as independent companies that have been damaged, and like many big companies billions of dollars of transactions, this has affected all types of businesses.

The nuclear

The safety of nuclear power plant in FukushimaSystem makes the news more than any other story surrounding the earthquake and tsunami. First, in terms of funding was expensive, try to limit the damage. Then there are the lost revenue from non-operating, and will be the cost of repair. It 'also the cost of addressing the damage, such as polluted water.

Transport

The main ports and airports had closed due to earthquake and tsunami and need some repairs. This hashad a major impact on profitability in the short term. It has the power to and from these destinations has meant a slowdown, or in some cases stopped altogether. Some will be closed for some time. This has knock-on effect on slowing down some branches. This is a particular problem, because Japan's economy is dependent on exports.

Public debt

All costs associated with damage of the earthquake and tsunami impact on the public debt of Japan. Because each country in asimilar situation in Japan would have to borrow money to pay for reconstruction needs. It means higher loan interest payments higher.

What may seem like everything is bad news for the Japanese economy, but perhaps not as bad as some fear. The Japanese economy has proved very resistant to such problems in the past, with the 1995 earthquake in Kobe is a good example. Although industrial production fell in the month of the Kobe earthquake, has rapidly increased following theMonth.

The Stock Exchange

The Japanese stock market reaction was negative at first. One of the problems in these situations is to panic the investors sell their shares immediately, although it is unwise and unnecessary. There have been examples of this in Japan after the disaster, then the other knock-on effect. This is not as drastic as it may be, however, with some of the implementation of Japan's history of disaster recovery in the past.

Japanusually guide to recover from natural disasters in many ways. They are active in trying things pulled back to normal as quickly as possible, with seemingly no better example of speed at the airport in Tokyo was running again.

Andrew Marshall (c)

The influence of the Japanese earthquake and tsunami on the economy

Japanese earthquake and tsunami

Words fail to describe the destruction wrought by little in Japan, the Japanese earthquake scale unprecedented in recent history. To make matters worse, the country was shortly after a giant tsunami caused untold destruction and chaos. The tsunami was a massive tidal wave caused by movement of the earth's crust and headed for Japan not to stop when it hit the coast. If they stayed home and punched the ground, land, buildings and people. No one caneven imagine how many are missing and dead from this terrible disaster.

Now there are concerns about the plant in Fukushima, which has been leaking radiation and may be in crisis. No one knows exactly what happened during the Japanese nuclear industry has a history of secrecy. We all remember in the eighties and the problems caused by Chernobyl radiation, then quickly spread throughout Europe. It seems, at least for the moment that the earthquake caused the extension of non-Fukushima problems have been identified as at Chernobyl.

Japan Earthquakes

Japan is one of the most advanced countries in the world and certainly, if anyone can bounce from a natural disaster of this magnitude, then it is. They have shown how to pick up and dust you off before. After the devastation of two atomic bombs dropped in August of 1945, Japan was rebuilt in one of the technological and economic power centers of the world. Sure, its economy has seen better daysand after the economic crisis of the nineties, you can look as if their best days far behind them. That would be foolish to expect the Japanese to take this into account and build bigger and better than before.

After a natural disaster like this earthquake and ensuing tsunami, the Japanese have had a huge task ahead of them, but until things are worse, and the plant is stabilized and none of the nuclear core is critical, and then melts, believe me thatyou can do, and that.

Japan Earthquakes

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Japanese earthquake and tsunami

Japanese earthquake and tsunami

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