Long-Term Economic Impact of Japan Disaster Is Likely Smaller Than Thought

March 24, 2011 Leave a comment

This explains that the actual permanent impact of significant disasters have been relative less than thought and that is likely to be the case in Japan.

…while the fear is understandable, this may turn out to have been an overreaction: history suggests that, despite the terrifying destruction and the horrific human toll, the long-term impact of the quake on the Japanese economy could be surprisingly small.

via Japan and the Economics of Natural Disasters : The New Yorker.

Filed under Economy, Environment, International

Unknown's avatarAbout Stephen E. McGaughey
Resident of the City of Coral Gables; Formerly with Inter-American Development Bank, Senior Environmental Project and Policy Leaders, Agricultural Economics, Forest Sector Projects and Policies, Country Representative Financing in El Salvador and the Dominican Republic

Leave a comment