MACRO REVIEW
Online ISSN : 1884-2496
Print ISSN : 0915-0560
ISSN-L : 0915-0560
Research Notes
Internalization of External Costs Against Disasters: Emerging Demand for Revival
Shinya KAKUTA
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2011 Volume 24 Issue 1 Pages 17-19

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Abstract
Multiplier effects are expected with such a public policy as to lead the private sector to continue paying in a long term for costs against disasters without withdrawal from bank accounts with strict economy. Since disaster risk-off will not last long, it is necessary to elaborate so that the private sector continues to pay for the costs even at succeeding risk-on. Such a policy would have an option of mitigation of one-pole concentration into Greater Tokyo, namely risk diversion toward the Japanese frontiers.
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© 2011 JAPAN MACRO-ENGINEERS SOCIETY
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