Japan -earthquake, tsunami, and nuclear crisis in international Essay

Japan -earthquake, tsunami, and nuclear crisis in international business perspective - Essay Example The influence of the earthquake and the tsunami in the nuclear strategies of countries worldwide is examined in this paper. Reference is also made to the effects of the event on the global market. Appropriate theories are used for explaining the relationship between the earthquake in Japan and the nuclear crisis that followed. 2. Background of earthquake It could be argued that Japan should be best prepared to face such events. Two Swiss experts have been asked to evaluate the potentials of predicting the above earthquake: In accordance with Domenico Giardini, there were major chances to predict the specific earthquake. It is noted that earthquakes of 8.5 are considered as possible in the greater region; also, a few days before the above earthquake, tremors of 7.7 were reported in the region, but they were not given the adequate attention (Kuenzi & Beti 2011).