The world recently shocked by the tragedy of the earthquake and devastating tsunami in Japan, on Friday last week. Earthquake measuring 8.9 on the Richter Scale devastated the Tohoku region, inter alia, prefecture (in Indonesia such as districts) Iwate, Miyagi, and Fukushima.
Tsunami waves were as high as 10 meters in front of him threw everything along the northeastern coast of Japan. Circumstances and the situation got worse when an explosion at the Fukushima Daiichi nuclear power plant caused by the earthquake. Therefore, what happened to Japan, the authors say, as a “treble disaster” that is, three disasters that come along with the consequences of its own that make up the complexity of the problem is multidimensional and geographical. First, Japan experienced a natural disaster of earthquake and tsunami.
A tragedy of force majeure that could not be avoided by mankind. Impact is felt not only Japanese society, but also the surrounding countries and even the world with different levels. Second, Japan experienced a humanitarian catastrophe with people killed, missing, injured, and evacuation. This means that further reduces the number of Japanese residents who are in conditions of aging society (society that the majority of the elderly population structure).
Third, disaster science and technology of Fukushima Daiichi nuclear reactor explosion. The third tragedy this is the added dimension that is more terrifying, dangerous, and worrying because of the potential spread to other areas if the level of radioactive content that spreads higher, even reaching the nearest neighboring countries of Japan.
Impact of massive
In the short term impact of such disasters third is negative. Population is estimated to have killed more than 3,700 people (16 / 3), 10,000 people missing, and thousands were evacuated as homeless. This figure has the potential to continue to grow. Seeing the development of both mental and material casualties, could be an earthquake and tsunami is the worst tragedy since the Second World War.
Although not easy to predict the material losses, except there are no official figures from the government is still counting, estimated losses of more than USD180 billion just in the earthquake-affected areas and surrounding areas. That number will certainly continue to grow when entering their economic losses. This figure is already far exceeds the loss of the Kobe earthquake, January 17, 1995 a much smaller scale that is 7.3 on the Richter Scale with losses reaching $ 100 billion.
Tohoku region is largely agricultural and fishery areas in the suburbs along the coast seafood processing industries such as shrimp and fish. Thus, the most affected are the fishermen and workers in factories that process products derived from seafood. In the region there are also car manufacturers, semiconductors, and components. However, Tohoku not including areas such as industrial agglomeration in the western and southern Japan.
Manufacturing industries classified as minimal because the scope is only 2% of total Japanese economy. Thus, the impact on the overall economy is not expected to be too big. The financial sector was contracting. Last Friday reported Japan’s GDP decreased from 0.1 to 0.2%, when calculated through 2011 means it will potentially reduce Japan’s GDP by 1.3%. The Nikkei was down 10.55% to a 8.605 figures through the boundaries of psychological 9,000.
The index was lowest during the last two years. Most of stocks, electronics, automotive, oil and gas fell. Although the morning on March 16, Nikkei 225 has been corrected and started strengthened to 9,168.51. Reduction in market liquidity concerns also arise due to both private investors and the government will withdraw the money and diverted to the reconstruction of the earthquake. Respond to this case, the Bank of Japan (BoJ) tried to guarantee stability of the market and generate market confidence of panic due to three of this tragedy.
Bank of Japan to this day has poured more than 45 trillion yen. The impact of the inability of science and technology deal with large-scale earthquake and tsunami proved in the case of Fukushima Daiichi nuclear reactor explosion. Although it has been attempted cooling the reactor by pumping sea water, the impact of levels of radioactive explosion has reached 8200 microsieverts around reactor. The content is 8-10 times more than the normal threshold of human beings can be exposed to radioactivity in a year.
Impact could be felt up to three years. The latest news even mentioned threshold radioactive effects in Tokyo has more than 20% above average. While the regional and international dimensions, the biggest disruption in the supply chain is the distribution of components for the industry. Some electronic components, semiconductor, automotive as well as from Japan will be hampered due to closure or delay production of some manufacturers. This clearly will result in a reduction in output at least in the short term.
Countries in the world is swiftly reached out to provide assistance. G-8 meeting in France has been committed to helping Japan to the fullest. China’s regional rival Japan’s economy and politics, was quickly sent aid money, food, and volunteers. For Indonesia, import export activity will be slightly disrupted in the short term. However, the most worrying is the long-term commitment of Japanese investment.
Priority Metropolitan Area Projects namely infrastructure development threatened the capital city and surrounding areas is stopped or at least delayed. However Japan will give priority focus on domestic reconstruction condition commensurate with giving rights to its citizens are loyal tax payer first.
As reflected in the quote a professor of strategy from Gakushuin University in Tokyo, Shigeru Asaba at the beginning of this paper is delivered directly to the author, a sense of optimism and steely determination to rise has been etched in the hearts of each human being Japanese. They are ready to fight to rise again. This is where the leadership of Prime Minister Naota Kan tested again kedigdayaan country realize this sunrise.?
TIRTA N MURSITAMA PHD
Executive Director of the Center for East Asian
Cooperation Studies, University of Indonesia,
Alumnus Gakushuin University, Tokyo, Japan
Filed under: International