March 27th, 2014
The Stanford Club of France and the Stanford Business Club are pleased to invite you to a fascinating talk of “Japan’s economy, yesterday, today, and tomorrow in the wake of the Fukushima catastrophy” with Stanford professor Takeo HOSHI.
Three years ago, a devastating 9.0 earthquake struck Japan’s east coast, followed minutes later by a massive tsunami with 100 foot waves. Japan’s legendary investment in earthquake-resistant design meant that only about 100 people died in the earthquake itself although almost 20,000 people lost their lives in the tsunami. The economic destruction of the “Triple Disaster” was massive: 138,000 buildings were destroyed and $360 billion in economic losses were incurred. This was the most expensive disaster in human history.
Japanese response to the earthquake and tsunami was rapid, effective and life-saving. Some 465,000 people were evacuated after the disaster. But it was the meltdowns at the Fukushima nuclear plant – the world’s worst global nuclear crisis since Chernobyl in 1986 – which caused the most fear and provoked the greatest criticism of the Japanese government’s response.
Fundamental changes in Japan’s political economic and social systems are under way.
Major restructuring of Japan’s corporate and political institutional landscape were undertaken.
Takeo Hoshi is the Henri and Tomoye Takahashi Senior Fellow at the Walter H. Shorenstein Asia-Pacific Research Center at Stanford University, and a professor of finance (by courtesy) at the Stanford Graduate School of Business.
The talk will be followed by a Q & A session and a Champagne cocktail.
7:30 p.m. to 10.30 p.m. – At Skadden, Arps, Slate, Meagher & Flom LLP
68, rue du Faubourg Saint-Honoré, 75008 Paris.
20€ members SCF and SBC, 25€ non-members.
Limited number of places, entrance subject to pre-registration
Thank you for registering before March 24th, 2014 and/or pay your annual dues at www.membres-scf.org