(单词翻译:单击)
Japan may need up to five years to rebuild from the disastrous1 earthquake and tsunami2 that has caused up to $235bn (£145bn) of damage, the World Bank said in a report.
世界银行的一份报告显示,日本可能需要多达五年的时间来重建被地震和海啸毁坏的地区。据悉此次地震造成的损失达2350亿美元。
However, it expects growth to pick up again in the second half of the year.
The 11 March earthquake and tsunami, disrupted production networks in the automotive and electronic industries.
"Damage to housing and infrastructure5 has been unprecedented," The World Bank said.
"Growth should pick up through subsequent quarters as reconstruction6 efforts, which could last five years, accelerate," it said.
The bank estimates the damage to be between $123bn and $235bn.
Knock-on effects
The World Bank also predicted that East Asia would be affected7 in a separate report.
"In the immediate8 future the biggest impact will be in terms of trade and finance," Vikram Nehru, World Bank chief economist9 for the East Asia and Pacific region.
Japan's north-east region, where the earthquake and tsunami hit, is home to ports, steel mills and manufacturers of auto4 and electronic components10.
"Disruption to production networks, especially in automotive and electronics industries, could continue to pose problems," the World Bank said.
The other worrying factor for the region is that about one-fourth of East Asia's long-term debt is denominated in yen11.
For China it is only about 8% but for Thailand it is about 60%.
A 1% appreciation12 in the Japanese yen translates into about a $250m increase in annual debt servicing on the yen-denominated assets held by the nations, the report points out.
The region is expected to see less robust13(强健的) growth in 2011 as it fights inflation.
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1
disastrous
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| adj.灾难性的,造成灾害的;极坏的,很糟的 | |
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tsunami
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| n.海啸 | |
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devastation
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| n.毁坏;荒废;极度震惊或悲伤 | |
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auto
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| n.(=automobile)(口语)汽车 | |
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5
infrastructure
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| n.下部构造,下部组织,基础结构,基础设施 | |
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reconstruction
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| n.重建,再现,复原 | |
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7
affected
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| adj.不自然的,假装的 | |
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8
immediate
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| adj.立即的;直接的,最接近的;紧靠的 | |
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economist
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| n.经济学家,经济专家,节俭的人 | |
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components
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| (机器、设备等的)构成要素,零件,成分; 成分( component的名词复数 ); [物理化学]组分; [数学]分量; (混合物的)组成部分 | |
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11
yen
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| n. 日元;热望 | |
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12
appreciation
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| n.评价;欣赏;感谢;领会,理解;价格上涨 | |
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robust
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| adj.强壮的,强健的,粗野的,需要体力的,浓的 | |
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