July 2024

S M T W T F S
 12 3456
78910111213
14151617181920
21222324252627
28293031   

Style Credit

Expand Cut Tags

No cut tags
Friday, December 31st, 2004 02:46 pm (UTC)
It's a brutal way to look at things, but this is not the kind of disaster that knocks economies off their feet. Except for the Maldives, the countries affected are not ones reliant on tourism, and the enormous capital concentrations - the chip fabs of Thailand and the natural gas refineries of Indonesia - appear to be intact.

The Thai prime minister reckons the damage in his country amounts to about 0.36% of its last-year GDP.

I don't think there's anything we can do to help beyond giving money. South-east Asia does not lack people, and what the homeless victims of the wave need is shelter and food, which can be provided from local sources; it's not worth shipping tarpaulins from England to Sumatra, though it's probably worth shipping medicine.

Reply

This account has disabled anonymous posting.
If you don't have an account you can create one now.
HTML doesn't work in the subject.
More info about formatting