It is impossible at this point to gauge the full extent of the damage caused by the Japanese earthquake and tsunami with any degree of precision. But we can nonetheless begin to assess their potential impact on Japan, the rest of Asia, and other major economies around the world.
https://prosyn.org/lSMemxs
NEW HAVEN β The devastation β both human and physical β from the earthquake and tsunami in Japan is unfathomable. It is impossible at this point to gauge the full extent of the damage with any degree of precision. But we can nonetheless begin to assess its potential spillover effects on the rest of Asia and other major economies around the world.