Economic Impacts
2012
Fujita, Masafumi | Nobuaki, Hamaguchi | Sagara, Junko | Adam, Bianca
Following the Great East Japan Earthquake (GEJE), the government of Japan responded promptly to stabilize markets and ensure a swift recovery. Economic activity has since started picking up, in part to domestic demand driven by the massive reconstruction effort. Uncertainties remain, however, surrounding the restructuring of power supply and both national and global economic prospects. The year 2011 will be remembered for the severe challenges to the global supply chain posed by the GEJE and the Thai flood. As an important part of the networked production system, developing countries must share responsibility in making the supply chain more resilient under international cooperation. This report gives findings; global supply chains; lessons; and recommendations for developing countries.
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