Ground subsidence during the 2011 Tōhoku earthquake caused a 400 km stretch of coastline to drop vertically by 0.6 metres, allowing the tsunami to overtop defences and travel further and faster inland.
The economic impact: The Japanese government estimated that the damage alone could cost US$300 billion, and Japan’s gross domestic product (GDP) shrank by 3.7% between JanuaryandMarch 2011.
In order to fund this grand strategy the Japanese government has approved a budget of 23 trillion yen (approximately £190 billion) to be spent over a period of 10 years.