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What did the Thailand government do to recover from the Tsunami?

Will natural disasters play an increasing role in the development of large economies?

  • Articles in the past have highlighted that the economic 'power centre' is moving towards the east. Asia is on the rise, pulling more investment and economic development towards that region. However as highlighted by the recent and it appears that Asia suffers more from natural disasters than Western-Europe and the . Will economic growth be slowed down as countries develop to a level where "natural" stability is a necessity in order to keep industries such as tech alive? Is it more difficult for these countries to recover to an advanced industrialized state if an earthquake hits than it would be for them to rebuild farms and generally remain on an agricultural level?

  • Answer:

    No. are just a risk and cost to be borne by businesses.

Erik Fair at Quora Visit the source

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