Quake's economic cost 'five times worse than Katrina'
GDP impact worse, says economist.
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Last week’s 6.3 magnitude earthquake in Christchurch will cause much more damage to the New Zealand economy than Hurricane Katrina did to the US, an economist says.
Analysis by First NZ Capital researcher Chris Green suggests that the total cost of the earthquake on a relative GDP basis may
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Niko Kloeten
Mon, 28 Feb 2011
Mon, 28 Feb 2011
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Quake's economic cost 'five times worse than Katrina'
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