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ECONOMIC DAMAGE (2) answer(s).
 
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ID:   107114


Earthquake in Japan and the world economy / Nesterov, V   Journal Article
Nesterov, V Journal Article
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Publication 2011.
Summary/Abstract THE FULL EXTENT OF THE DAMAGE caused to the Japanese economy by the March 11 earthquake and tsunami has yet to be assessed, but experts say that it could be the worst in the country's history. Hundreds of plants and factories across Japan, including Toyota and Nissan car factories, were shut down as a result of damage or power outages. Electricity suppliers were obliged to impose rolling blackouts throughout the country because they could not meet demand. Thousands of homes were destroyed, and about 2 million people were left without electricity and water. AIR Worldwide, a U.S.-based consulting group, predicted on March 13 that insured property losses from the earthquake alone would range from $15 billion to $35 billion.
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2
ID:   132485


Importance of disaster risk reduction / Joshi, P. C; Khattri, Prashant   Journal Article
Khattri, Prashant Journal Article
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Publication 2014.
Summary/Abstract Disasters are occurring globally. Developed as well as developing countries, are being affected by the catastrophic consequences of both natural and human- made disasters. According to the CRED', in 2013 alone the total number of natural disasters amount to around 334 events worldwide causing 22,616 deaths and around 97 million "affected people. The economic damages due to disasters was to the tune of 118 billion US $ last year. 2013 was also a very harsh year for Asia as'88 percent of the mortalities were reported from this continent which was far more than the decadal (2003-2012) average of 62 percent. India, in particular" ranked second in the world with 7,368 deaths; third with 16.7 million people affected due to disasters and ranked eighth with an economic _loss of 2.4 billion US S. Besides these ?gures there are disasters that. have, made international news recently for example the 2011 Japanese Tsunami and the consequent nuclear emergency in the Fukushima Nuclear Plant. In the Indian context we are still living with the vivid memories of disasters like the Bhopal Gas Tragedy, Gujarat" Earthquake, Orissa Super Cyclone, Indian Ocean Tsunami, Kashmir Earthquake, Kosi Floods and Cyclone Aila. India is also prone to several other kinds of disasters and a large land mass is vulnerable to natural hazards.
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