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 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.

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Bibliographic Details
Main Authors: Fujita, Masafumi, Nobuaki, Hamaguchi, Sagara, Junko, Adam, Bianca
Language:English
en_US
Published: World Bank, Washington, DC 2012-09
Subjects:ACCIDENT, ACCOUNTING, AGENCY PROBLEMS, AGGLOMERATION ECONOMIES, AGRICULTURE, AIRPORTS, ALTERNATIVE ENERGY, AUTO PRODUCTION, AUTOMOBILE, AUTOMOBILE INDUSTRY, AUTOMOBILE PRODUCTION, AUTOMOTIVE INDUSTRY, BACK UP, BACK-UP, BACKUP, BALANCE SHEET, BALANCE SHEETS, BANKRUPTCY, BANKS, BORDER TRANSPORTATION, BORROWING, BOTTLENECKS, BUSINESS ACTIVITIES, BUSINESS ENVIRONMENT, BUSINESSES, BUYER, BUYERS, CARS, CLIMATE CHANGE, COLLECTIVE ACTION, COMPETITIVENESS, COMPUTERS, CONNECTIVITY, CONSUMER ELECTRONICS, CUSTOMIZATION, CUSTOMS, CUSTOMS CLEARANCE, DAMAGE FIGURES, DAMAGES, DEBT, DECENTRALIZATION, DEFLATION, DISASTER, DISASTER PREVENTION, DISASTER REDUCTION, DISASTER RISK, DISASTER RISKS, DISASTERS, DOMESTIC TRAVEL, DRAINAGE, EARTHQUAKE, EARTHQUAKES, ECONOMIC ACTIVITIES, ECONOMIC ACTIVITY, ECONOMIC GROWTH, ECONOMIC INTEGRATION, ECONOMIC OUTLOOK, ECONOMICS, ELECTRICITY, EMERGENCIES, EMERGENCY RELIEF, EMERGENCY RELIEF MEASURES, ENABLING ENVIRONMENT, EQUIPMENT, EVACUATION, EXCHANGE RATES, EXPORTS, FINANCIAL CRISIS, FINANCIAL INSTITUTION, FINANCIAL INSTITUTIONS, FINANCIAL INTERMEDIARY, FINANCIAL SERVICE, FINANCIAL SERVICES, FLOOD, FLOODED, FLOODING, FLOW OF GOODS, FREE TRADE, GDP, GLOBAL MARKET, GLOBAL SUPPLY CHAIN, GLOBAL SUPPLY CHAINS, GLOBALIZATION, GOVERNMENT BONDS, GOVERNMENT POLICIES, GROSS DOMESTIC PRODUCT, GROWTH PATH, HARD DISK, HIGHWAYS, INDUSTRIAL PRODUCTION, INSPECTION, INSURANCE, INSURANCE COMPANIES, INTEREST RATES, INTERNATIONAL TRAVEL, LAND-USE PLANNING, LIQUIDITY, MANUFACTURING, MANUFACTURING INDUSTRIES, MANUFACTURING INDUSTRY, MARKET EQUILIBRIUM, MARKETING, MATERIAL, MEDIUM ENTERPRISES, MONITORING COSTS, MOTOR VEHICLES, NATURAL DISASTER, NATURAL DISASTERS, NATURAL RESOURCES, OUTBREAK, OUTSOURCING, PEAK-TIME, POSITIVE EFFECTS, PRIVATE SECTOR, PROCUREMENT, PRODUCTION FUNCTION, RAILWAYS, REPATRIATION, RESULT, RESULTS, RETAIL PRICES, RETENTION, RISK AVERSION, ROAD, ROAD DAMAGE, ROADS, SAFETY, SECURITIES, STANDARDIZATION, SUPPLIERS, SUPPLY CHAIN FLOW, SUPPLY CHAIN MANAGEMENT, TARGETS, TAX, TAXATION, TRANSPORT, TRANSPORT COSTS, TRANSPORT TECHNOLOGY, TRANSPORTATION, TRANSPORTATION NETWORKS, TRANSPORTATION SYSTEMS, TSUNAMI, TSUNAMIS, URBAN SPRAWL, USES, VALUATION, WEB, WEB SITE,
Online Access:http://documents.worldbank.org/curated/en/2012/09/18027032/economic-impacts
https://hdl.handle.net/10986/16151
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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.