Natural disasters have long-lasting consequences (Noy 2012). Two and a half years have passed since the Great East Japan Earthquake, and although many issues have yet to be resolved – including that of the evacuees – many lessons concerning economic activities have been learned from the unexpected disaster.
Supply-chain vulnerability: An analysis of the impact of earthquakes using micro data
Yukiko Umeno Saito, 15 December 2013
The lessons from the Great East Japan Earthquake and the Great Floods in Thailand
Masahisa Fujita, 18 November 2013
The Great East Japan earthquake which occurred on 11 March 2011 had a surpassing 20 meters high that hit several hundred kilometres of the Tohoku coastline on the eastern side of Japan, and cost the lives of approximately 18,000 people. This was followed by a nuclear crisis categorised as level 7 on the International Nuclear Event Scale.
The enduring economic aftermath of natural catastrophes
Ilan Noy, 5 September 2012
In the past few days, we have watched Hurricane Isaac strike vulnerable populations over the island of Hispaniola, disrupt the Republican National Convention in Florida, and then move on to inundate parts of the Gulf Coast in Mississippi and Louisiana.
Toward a world of larger disasters? Ideas for risk-management policies
Stéphane Hallegatte, 14 April 2012
It is widely recognised that economic losses due to natural disasters have been increasing exponentially in the last decades. The main drivers of this trend are the increase in population and the growth in wealth per capita. With more and richer people, it is not surprising to find an increase in disaster losses.
Coping with loss: The impact of natural disasters on developing countries' trade flows
Jorge Andrade da Silva, Lucian Cernat, 9 February 2012
The European Commission has recently published its Trade and Development Communication, which underlines trade as one of the key drivers to support development, stimulate growth, and lift people out of poverty.
Japan's earthquake and tsunami: International trade and global supply chain impacts
Hubert Escaith, Robert Teh, Alexander Keck, Coleman Nee, 28 April 2011
The Tohoku earthquake and tsunami that struck the northeast coast of Japan on 11 March has created an enormous human and ecological disaster.
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