Japan¿s 2011 Earthquake and Tsunami

Japan¿s 2011 Earthquake and Tsunami

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The March 11, 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. U.S. interest on the economic side centers on humanitarian concerns, radioactive fallout reaching the U.S., the impact on U.S. citizens and American co. in Japan, the effects on trade and supply chain disruptions, and increased volatility in Japanese and U.S. financial markets, interest rates, and the yen-dollar exchange rate. Contents of this report: Overview; Economic Impact: Manufacturing; Financial and Currency Markets; Implications for the U.S.-Japan Economic Relationship. Charts and tables. This is a print on demand report.In such a case, Japan could face a sovereign debt crisis similar to that faced by Greece. Prior to the earthquake, in January 2011, Standard aamp; Poora#39;s, the credit ratings agency, had already downgraded Japana#39;s long-term sovereign debt to ... According to one analyst, it is unlikely that those citizens would dump their bond holdings if the government takes on more ... Congressional Research Service 9 Japana#39;s 2011 Earthquake and Tsunami: Economic Effects and Implications for the U.S..

Title:Japan¿s 2011 Earthquake and Tsunami
Author: Dick K. Nanto
Publisher:DIANE Publishing - 2011-08

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