Christchurch Earthquakes, New Zealand (2010, 2011) Flashcards
1
Q
General facts
A
- a resilient developed economy
- made up of 3 islands
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
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