Economic Impacts

Following the Great East Japan Earthquake (GEJE), the government of Japan responded promptly to stabilize markets and ensure a swift recovery. Economic activity has since started picking up, in part to domestic demand driven by the massive reconstr...

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Bibliographic Details
Main Authors: Fujita, Masafumi, Nobuaki, Hamaguchi, Sagara, Junko, Adam, Bianca
Format: Brief
Language:English
en_US
Published: World Bank, Washington, DC 2013
Subjects:
GDP
TAX
WEB
Online Access:http://documents.worldbank.org/curated/en/2012/09/18027032/economic-impacts
http://hdl.handle.net/10986/16151
Description
Summary:Following the Great East Japan Earthquake (GEJE), the government of Japan responded promptly to stabilize markets and ensure a swift recovery. Economic activity has since started picking up, in part to domestic demand driven by the massive reconstruction effort. Uncertainties remain, however, surrounding the restructuring of power supply and both national and global economic prospects. The year 2011 will be remembered for the severe challenges to the global supply chain posed by the GEJE and the Thai flood. As an important part of the networked production system, developing countries must share responsibility in making the supply chain more resilient under international cooperation. This report gives findings; global supply chains; lessons; and recommendations for developing countries.