Day_120 : Chain Reactions of Economic Damage- 2011 Chao Phraya River Flood in Thailand (1)

2011 Chao Praya river flood gives us a lot of lessons. The disaster is the 7th costliest disaster worldwide since 1980 to 2014 (Figure 1).

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Figure 1  10 Costliest events

From economic damage points of views, the below is the industrial estates and parks which were affected. 7 estates and parks were inundated. 804 companies were affected and among those, 449 were Japanese related companies in these estates and parks(Figure 2).

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Figure 2 7 Inundated industrial estates and parks

Can show you a brief outlines of the chain reactions of economic damage caused by 2011 Chao Phraya river flood. There are three main inquiries to ponder (Figure 3) : 1) Why were so many foreign companies coming and making supply chain? 2) What kinds of damage types could be analyzed and how about the influence? 3) How did companies respond?

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Figure 3  3 Research Questions (rough skech)

These will be explained later. The attached graph (Figure 4) indicates so many Japanese companies came these areas after 1985, the year of the Plaza Agreement.

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Figure 4  Japanese enterprises coming to Thailand

Horizontal and vertical damage exacerbations types can be shown in the following figures.

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Figure 5  Damage types and severities (Horizontal)

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Figure 5  Damage types and severities (Vertical)

To be continued…………..