Christchurch, New Zealand
- HIC
- Developed economy - quick recovery
(1st) - 2010
Weakened buildings - created issue on 2nd
More education on earthquake safety eg. ‘Turtle Safe’
(2nd) - 2011 - despite lower magnitude of 6.3 - more impacts
Large damage to buildings, closer to CBD → $30bn in rebuild costs - but largely insured losses
185 deaths
Disruption to industrial production short lived + business confidence recovered nation wide quickly
BUT tourism hit - international visitors v 40% 2011-12
State of emergency called by national government following day
75% of power reinstated in 4 days