THE EFFECTS OF THE NATURAL DISASTER ON JAPAN’S ECONOMY AND FEW MEASURES TO ECONOMIC RECOVERY
THE EFFECTS OF THE NATURAL DISASTER ON JAPAN’S ECONOMY AND FEW MEASURES TO ECONOMIC RECOVERY
Author(s): ILIE GeorgetaSubject(s): Education
Published by: Editura Pro Universitaria
Keywords: Japan; recession; economic recovery; production contraction; export; investment.
Summary/Abstract: On 11 March 2011, the northern part of Japan experienced a devastating earthquake and tsunami. The paper discusses the impact of the terrible phenomena on Japan’s economy. Japan's economy, the world's third largest, has slid back into recession after the devastation caused by the earthquake and tsunami in March 2011. The earthquake and ensuing tsunami destroyed parts factories in north-eastern Japan, causing severe supply shortages for many manufacturers.
Journal: Euromentor Journal - Studies about education
- Issue Year: 2011
- Issue No: 03
- Page Range: 62-70
- Page Count: 8
- Language: English