Japan’s Economy ,Earthquake Tsunami and Nuclear Crisis
The impact of devastated earth quake and tsunami has not only made a disaster for the people but also pushed the Japanese economy in the harder times. The third largest economy of the world is now all set to assess the damages caused due to the catastrophe. The impact of earth quake and tsunami on the Japan’s economic situation is inevitable as hundreds of industries, factories and manufacturing units have stopped their production across Japan. Economists therefore warn against rolling blackouts and emerging financial disasters in the way. Government of Japan however doing a lot to check the crisis and in an attempt to do so, authorities instructed the Bank of Japan to infuse billions of Yen into the economy as an emergency or quack budget.