Christchurch Earthquakes, New Zealand (2010, 2011) Flashcards

1
Q

General facts

A
  • a resilient developed economy

- made up of 3 islands

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2
Q

What happened?

A
  • the Canterbury region of New Zealand was hit with a series of major earthquakes
  • one in Sept 2010 and one in Feb 2011
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3
Q

Impacts

A

-some deaths and damage
+business activity rebounded quickly
+disruption to industrial production was short-lived - manufacturing hub escaped significant damage
+agriculture largely unaffected
+rebuild costs of NZ$20 billion were largely insured losses
-tourism industry suffered badly as many of its attractions were demolished - international visitors were down 40% between 2011-12

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