resilience reporter

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Corporate First Responders and natural disasters.

Corporate First Responders

corporate first respondersWhat happens when governments lack the resources to immediately respond to a natural disaster? When Japan was struck by a 9.0 magnitude earthquake and 100-foot tsunami in 2011, it was the world’s third-richest economy. But at the time, the country’s public debt stood at more than twice the level of its GDP, and its real interest rates were negative…

 

Japan’s “National Resilience” and the Legacy of 3-11

Five years after Japan’s natural and nuclear disasters of March 11, 2011 (3-11), few observers can find a positive legacy among the irradiated ruins. Fukushima rightly remains an icon of the folly of building fragile large-scale power and other lifeline systems in the face of patent threats. Indeed, Japan has become a byword for failure, whether at Fukushima or in its “Abenomics” growth strategy. But in point of fact, 3-11 has made Japan a world leader in building resilience – in critical energy, water, transport and other lifeline infrastructures – against increasingly frequent disasters…

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This entry was posted on 26/03/2016 by in Uncategorized and tagged , .

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