According to the business news where the world bank had announced that it may take around 5 years to rebuilding Japan after the current month disasters of earthquake and tsunami. It had killed more than 10,000 civilian an destroyed thousands of buildings.
The World Bank staff mentioned private estimates for the current damage that are range from US$122 Billion to US$235 Billion. Damper on the economy will face 'modest short term impact on the region; with trade and investment flows disrupted. Most likely affected will be the automotive and electronics industries according to the news report.
A rising yen may increase debt-servicing costs for East Asians nations. It's about one-quarter of developing East-Asia's long-term debt is denominated in Japanese currency that ranging about 8 percent in China to about 60 percent in Thailand.
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