Saturday 10 December 2016

Impact of disaster threatens fragile world economy

Jeremy Warner

Published 14/03/2011 | 05:00

Amid the scale of the human catastrophe, any consideration of the economic consequences of the Japanese earthquake might seem faintly distasteful, if not even perverse.

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Yet any disaster on this scale also has the capacity for extreme long-term economic damage and Japan is going to require careful management over the months ahead.

The immediate impact will almost certainly be to push Japan back into technical recession.

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