The Silver Lining of Japan's Earthquake
Gardels, Nathan, The Christian Science Monitor
A massive earthquake and tsunami have accomplished what Japan's fiscal policy and central bank could not. Rebuilding a large swath of Japan will stimulate domestic growth and global demand, energy- efficient technologies, while helping to integrate China and Japan.
No one - least of all someone like myself who has experienced the existential terror of California's regular tremors and knows the big one is coming here next - would minimize the grief, suffering, and disruption caused by Japan's massive earthquake and tsunami.
But if one can look past the devastation, there is a silver lining. The need to rebuild a large swath of Japan will create huge opportunities …
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Publication information:
Article title: The Silver Lining of Japan's Earthquake.
Contributors: Gardels, Nathan - Author.
Newspaper title: The Christian Science Monitor.
Publication date: March 14, 2011.
Page number: Not available.
© 2009 The Christian Science Publishing Society.
Provided by ProQuest LLC. All Rights Reserved.
This material is protected by copyright and, with the exception of fair use, may not be further copied, distributed or transmitted in any form or by any means.
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