Catastrophe in Japan: The Earthquake and Tsunami Of 2011

The March 11th 2011, earthquake and tsunami that occurred in Japan followed by the nuclear crisis are having a large negative impact on the economy of Japan but a lesser effect on world trade and financial markets. Japan has lost considerable physical and human capital. In excess of 27,000 persons in Japan have been killed or are missing, and more than 202,000 homes and other buildings have been totally or partially damaged. The negative effects of the earthquake and tsunami are being compo...