The paper considers the economic consequences of Tahoku earthquake occurred on March 11,2011 at 5:46:23 (UT) at the distance of 70 km from the northeast shore of Japanese coast Honshu. This earthquake had a magnit...The paper considers the economic consequences of Tahoku earthquake occurred on March 11,2011 at 5:46:23 (UT) at the distance of 70 km from the northeast shore of Japanese coast Honshu. This earthquake had a magnitude of 9 and became the strongest in the whole history of the seismological observations in this part of the planet. The generated tsunami killed more than 15,700 people, damaged 332,395 buildings and 2,126 roads. The total economic loss in Japan was estimated at $309 billion. The catastrophe in Japan also impacted global economy. To reveal its impact, the authors used regional and global stock indexes, production indexes, stock prices of the main Japanese, European and US companies, and import/export dynamics. The authors demonstrated that the catastrophe substantially affected the markets and on the short run in some indicators it exceeded the effect of the global financial crisis. The authors concluded that it is necessary to treat possible strong earthquakes in different regions of the world as one very important factor that can affect the world economy.展开更多
文摘The paper considers the economic consequences of Tahoku earthquake occurred on March 11,2011 at 5:46:23 (UT) at the distance of 70 km from the northeast shore of Japanese coast Honshu. This earthquake had a magnitude of 9 and became the strongest in the whole history of the seismological observations in this part of the planet. The generated tsunami killed more than 15,700 people, damaged 332,395 buildings and 2,126 roads. The total economic loss in Japan was estimated at $309 billion. The catastrophe in Japan also impacted global economy. To reveal its impact, the authors used regional and global stock indexes, production indexes, stock prices of the main Japanese, European and US companies, and import/export dynamics. The authors demonstrated that the catastrophe substantially affected the markets and on the short run in some indicators it exceeded the effect of the global financial crisis. The authors concluded that it is necessary to treat possible strong earthquakes in different regions of the world as one very important factor that can affect the world economy.