Topic outline

  • The East Japan Earthquake and Japanese Economy by Dr. Shigeyuki Abe

    About the Speaker:

    Shigeyuki Abe is a Professor of Economics at Doshisha University. He is currently a chief editor of Asian Economic Journal and a visiting fellow of Institute of Southeast Asian Studies. His former appointments include attachments at UN-ESCAP, Kyoto University, and Kobe University. He received his Ph.D. from the University of Hawaii at Manoa. His recent research agenda focuses on trade, FDI, and economic integration in Asia. His recent publications are East Asian Economies and New Regionalism (2008 co-edited with Bhanupong Nidhiprabha, Kyoto University Press and Trance Pacific Press) and "The Meaning of 'Social Safety Nets'," Journal of Asian Economics (2008 with Srawooth Paitoonpong). He is the author of many books and journal articles in the field of Asian economics.

    Abstract:

    The magnitude of the East Japan Earthquake was 9.0, which is considered to be one of the worst the world has ever experienced. This earthquake induced 14 meter tall Tsunami and wiped off many towns and villages completely. The death toll might exceed 30,000. Fukushima Nuclear Power Plants were the victim of this tragedy and radiation problems have been threatening the world. Planned Blackout keeps the Japanese economy more handicapped than ever. As of end March, however, almost 90 percent of roads were repaired and courageous fire fighters became heroes. Toyota, Honda, and other manufacturing companies stopped operation due to unavailability of parts from the affected area. Apple had also announced the postponement of shipping i-Pad 2s due to delayed deliveries of seven core units for the same reason. The theme of this talk will be the scenario of the Japanese economy in the near future in view of the disaster that struck.

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    Part 4