The disaster will weigh on Japan's economic growth through negative impact on consumption, capex projection, and lower capacity to ship export. On the other hand, reconstruction demand in the phase of recovery will have positive impact on reconstruction of housing, replacement of production equipments (i.e. capex), government expenditure, and public investment. If we aggregate those negative and positive impacts, quarterly real GDP growth will be pushed down by a total of -2.1% points for Jan-Mar and Apr-Jun quarters. But reconstruction demand thereafter will push up real GDP growth rates for Jul-Sep and Oct-Dec quarters by a total of +0.9% points. Those said, we revise down our real GDP forecast for FY2011 to almost zero%. The earthquake will have negative impact both on actual household consumption expenditure and on their sentiments, which, in turn, will make households increase precautionary saving. However, strong reconstruction demand in the recovery phase will result in a +2.3% real GDP growth for FY2012. On the price front, we point out that the impact of the disaster will be inflationary rather than deflationary.…
The first problem that puts Haiti at risk of catastrophes is where the country is located. The geography of Haiti makes this country exceptionally susceptible to the effects of climate change. Haiti is located near the western region of Hispaniola and is west of the Dominican Republic. Being a large coastal area, Haiti is at risk of hurricanes and other natural disasters. The region between the Caribbean and North America is extremely prone to earthquakes. Leonard Pitts says in response to the earthquake “Haiti's turn this morning, two days after the poorest nation in the Western Hemisphere saw its capital city smashed by the strongest earthquake it has ever known, a 7.0-magnitude…
While both the 1989 Loma Prieta earthquake of Northern California, and the 2010 earthquake that devastated Port au Prince, and surrounding areas in Haiti, were very similar in magnitude (6.9 California, and 7.0 in Haiti), there is great contrast in the number of lives lost due to these natural disasters, with 63 dead in Santa Cruz county, and an estimated 220,000 lives lost in Haiti. From a geographical standpoint, the town of Léogâne was at the epicenter, of Haiti’s 2010 earthquake, the United Nations claims that this was “the worst affected area” with notable damage occurring to approximately 90% of the buildings in the area, and over 20,000 lives lost. (Millar, 2010). According to the Medical Examiners and Coroners investigating the earthquake…
Haiti is one of the world’s poorest nations in the western hemisphere, which is still suffering the impact and devastation of the earthquake today. A nation so often on its knees had been knocked to the ground. (Clinton). On January 12, 2012 Haiti was struck by an earthquake with 7.0 magnitudes. Many Haitians suffered while others lost their lives. The earthquake shred many homes leaving many people homeless. Many towns got ruined and wrecked, even cities got ripped apart and drowned. The churches were crumbled and schools and banks. The best and fanciest hotels in town were crumbled…
• 2010 Haiti earthquake (12 January):. The epicentre of this magnitude 7.0 Mw earthquake was near Léogâne, approximately 25 km (16 miles) west of Port-au-Prince.[6][7] at a depth of 13 km (8.1 miles). The United States Geological Survey recorded a…
January 12th 2010 4:53PM, the phone rang….Hispaniola whom which I call Haiti was bawling. Her heart, Port-au-prince, was completely ruined, she bleed and bleed and heard the bones intensively crashing brutally against each other until they converted into ashes. Her green dress metamorphosed into a white costume, her veins and arteries were ripped… she had no shelter. Once she realized that her brain was damaged, a depression impulsively engulfed her body and left her with nothing more than a reprieving sound that whispers” Help”. For this cause, I played a concrete role in the reconstruction of Haiti by founding an school organization for aiding intentions, educating and helping the Haitians Students survivors in the US, and providing assistance…
On January 12, 2010, a massive earthquake – arguably the worst quake in over 200 years – struck the tiny country of Haiti. Haiti, a country that is roughly the size of Rhode Island, shares the island of Hispaniola, and sits on top of a seismically active region. The amount of devastation was akin to the damage done to lower Manhattan after the attack on the twin towers, except that the damage stretched across an entire country. Listen to a first hand account of the suffering:…
The magnitude 7.0 earthquake that struck Haiti on January 12, 2010 significantly deepened existing challenges and created massive reconstruction needs for a country that was already the poorest in the Western Hemisphere.…
“People poured out into the streets, crying, carrying bodies…” (Addley 1) Haiti is one of the poorest countries and home to more than 2 million people. Haiti was not prepared especially since Port-au-Prince, their capital, has very poorly built construction on its buildings and houses. “Haiti is a poor country with lax building standards and high population density, which makes buildings more likely to crumble.” (Thompson 1) Due to the earthquake and all the damage that happened it caused people to lose their homes and had to sleep in tents on the highway.…
It was 4:53 p.m. in Port-au-Prince, Haiti on January 12, 2010. The hustle and bustle of a routine Tuesday afternoon had began to die down, but that particular day was far from over. In fact, this day, this dream, this nightmare, was just beginning. All of a sudden, the ground began to shake as an earthquake rocked the Caribbean country. A estimated magnitude 7 earthquake had occurred and nearly 50 aftershocks followed. The quake was the most powerful experienced by the country in over two centuries, and it left 316,000 people dead while forcing another million people to permanently evacuate from their homes (“Haiti Earthquake of 2010”). There is no doubt that along with the physical, tangible effects of this disaster came the unseen emotional and mental horrors associated with a traumatic event like an earthquake that permanently displaced someone and killed many of their loved ones.…
On January 12, 2012, the country of Haiti was struck by a 7.0 magnitude earthquake that changed the lives of people living across the nation. The earthquake struck Haiti before 5pm and was centered about 10 miles South East of Port-au-Prince, which is the capital city of Haiti. This earthquake is known as one of the most powerful earthquakes of the century that hit the Eastern parts of Cuba. Prior to the earthquake Haiti acquired the lowest immunization rates in the world (55%) and disease was very common, as well as extreme poverty, political unrest and weak infrastructure (Hinman, “Cholera Vaccination in Haiti; Evidence, Ethel, Expedience”). In results of the earthquake in Haiti, Haiti has been left in a poorer economic condition than before. Due to this natural disaster, many innocent lives were taken away. The number of casualties kept increasing as the bodies of children were being discovered under the destroyed rumble. People all over the world watched a tragedy unfold and…
January 12th, 2010 is an unforgettable day for most. It was a day in which many lives were either lost, ruined, or in rare cases, changed for the better, resulting in an even more positive outlook on life amid the devastation. One of these rare cases includes the life of Helly Florian, a young survivor of the infamous earthquake of Haiti back in 2010. She has not forgotten, and will never forget, her interaction with a rather deadly and calamitous adversary of nature.…
Many people are affected by natural disasters every day. Some are worse than others, but no matter the severity, there is usually a loss, and a cry for help.…
Haiti is extremely vulnerable to natural disasters. Natural disasters such as earthquakes and hurricanes destroy Haitian homes and structures, and many Haitians do not have the money for constant reparations.…
World Health Organization. (2010). Public health risk assessment and interventions. Earthquake: Haiti. Retrieved from http://www.who.int/diseasecontrol_emergencies/publications/haiti_earthquake_20100118.pdf…