[QODLink]
Counting the Cost
Japan: The cost of disaster
The economic impact of Japan's catastrophe, the global nuclear power debate and skiing in Afghanistan.
Last Modified: 18 Mar 2011 14:48

It is the worst disaster since the Second World War. An earthquake and a tsunami hit Japan, damaging the Fukushima nuclear power plant. 

The cost is hard to quantify yet, but Goldman Sachs believes it could be as high as $200bn.

And the rest of the world will feel the knock-on effect. Japan, the world's third-largest economy, is an important engine of growth for the rest of Asia and the world, and is facing a huge challenge in raising the money to fund its rebuilding.

Just how will debt-ridden Japan pay for the earthquake and tsunami recovery?

We also look at the wider effects of the disaster. As nuclear power is being questioned, some countries are reconsidering new reactors at a time when the industry was experiencing a rennaissance.

Plus, business and pleasure - ski lovers hitting pristine slopes in an unexpected destination for the ultimate adrenalin rush - Afghanistan.

This episode of Counting the Cost can be seen from Friday, March 18, at the following times GMT: Friday: 2230; Saturday: 0930; Sunday: 0330; Monday: 1630.

Source:
Al Jazeera
Topics in this article
Country
Featured on Al Jazeera
The story of Egypt's Muslim Brotherhood and its emergence into the political arena after decades of suppression.
People & Power goes undercover to reveal how 'voluntourism' could be fuelling the exploitation of Cambodian children.
Facebook's now-public status may encourage its board and policy staff to respond to privacy, free expression concerns.
Two prominent figures in the American establishment break away from the mould and chastise the GOP - but is it enough?
Spotlight
Latest news and analysis as Egyptians elect first new president in post-Mubarak political era.
In-depth coverage of an escalating regional debate about Iran's geopolitical power and the West.
Violence continues as UN observers are deployed to monitor both sides' compliance with a peace plan.
join our mailing list

Enter Zip Code
Go