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Can Japanese economy rise from the ashes?

This may be Japanese prime minister Naoto Kan's last chance at redemption. Just days before the deadly calamity, Kan was on the verge of stepping down as PM. Takahide Kiuchi, economist at Nomura, spoke to CNBC-TV18's Menaka Doshi about the situation in Japan, the rebuilding process and the government in power.

March 15, 2011 / 10:42 IST
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The official estimate is that 10,000 people have been killed by the earthquake and the tsunami in Japan and the financial damage can be pinned at more than USD 170 billion. While the full economic impact is yet to be understood of the Japanese economy, fresh concerns are now rising over the political stability of the badly damaged nation.

This may be Japanese prime minister Naoto Kan
first published: Mar 15, 2011 08:23 am

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