1. CREATIVE DESTRUCTION?
- Author
-
Surowiecki, James
- Subjects
- *
ECONOMIC impact , *NATURAL disasters , *NUCLEAR power plant accidents , *SENDAI Earthquake, Japan, 2011 , *ECONOMICS ,ECONOMIC conditions in Japan, 1989- - Abstract
The article discusses the economic aspects of the disaster at the Fukushima Daiichi nuclear power plant in Japan and the impact that such events will have on the Japanese economy. The idea that the Sendai earthquake and problems at the power plant will not have a long-term impact on the economy is considered. Research on the economic conditions in 89 countries that was carried out by the economists Mark Skidmore and Hideki Toya is discussed.
- Published
- 2011