It is very sad of what has happened in the Japan for the past week. And a country with 127,360,000 people, and more of it, Japan is an archipelago of 6852 islands. I am kind of surprised that it will take 5 years to rebuild Japan. I will say that the earthquake could have caused much worse situation if it happened in other countries, because I think that Japan is the most prepared country for the forthcoming earthquakes. There is no doubt that Japan’s economy has developed rapidly in the recent 30 years after the reform. However, within that amount of time, China wasn’t also to do so. Now, Japan is the world’s third –largest economy by its nominal GDP and by purchasing power parity. And now the devastating quake has caused the huge lost for Japan, it certainly affects the world economy as well.
No comments:
Post a Comment