Open Access
Subscription or Fee Access
The Influence of Strong Earthquakes on the Global Economy: Facts and Assessment
Abstract
The article is devoted to evaluating and forecasting the impact of strong earthquakes on the global economy based on case-study of Tahoku earthquake of 2011 near Japan. By statistical analysis of the global and regional stock indexes, macroeconomic data of Japan we assessed an impact of Tahoku earthquake on the world economy. It is argued that globalization increases an impact of the strong earthquakes in developed regions on the world economy. As a recommendation for global financial organizations we suggest to develop measures for mitigating risk of possible strong earthquakes for world economy.
Keywords
Disclaimer/Regarding indexing issue:
We have provided the online access of all issues and papers to the indexing agencies (as given on journal web site). It’s depend on indexing agencies when, how and what manner they can index or not. Hence, we like to inform that on the basis of earlier indexing, we can’t predict the today or future indexing policy of third party (i.e. indexing agencies) as they have right to discontinue any journal at any time without prior information to the journal. So, please neither sends any question nor expects any answer from us on the behalf of third party i.e. indexing agencies.Hence, we will not issue any certificate or letter for indexing issue. Our role is just to provide the online access to them. So we do properly this and one can visit indexing agencies website to get the authentic information. Also: DOI is paid service which provided by a third party. We never mentioned that we go for this for our any journal. However, journal have no objection if author go directly for this paid DOI service.