Preliminary Observations of the Impacts the 22 February Christchurch Earthquake is having on Organisations and the Economy : a report from the field (22 February- 22 March 2011) (2011)
Type of ContentJournal Article
PublisherUniversity of Canterbury. Civil and Natural Resources Engineering
University of Canterbury. Geological Sciences
On 22 February 2011, Canterbury and its largest city Christchurch experienced its second major earthquake within six months. The region is facing major economic and organisational challenges in the aftermath of these events. Approximately 25% of all buildings in the Christchurch CBD have been “red tagged” or deemed unsafe to enter. The New Zealand Treasury estimates that the combined cost of the February earthquake and the September earthquake is approximately NZ$15 billion. This paper examines the national and regional economic climate prior to the event, discusses the immediate economic implications of this event, and the challenges and opportunities faced by organisations affected by this event. In order to facilitate recovery of the Christchurch area, organisations must adjust to a new norm; finding ways not only to continue functioning, but to grow in the months and years following these earthquakes. Some organisations relocated within days to areas that have been less affected by the earthquakes. Others are taking advantage of government subsidised aid packages to help retain their employees until they can make long-term decisions about the future of their organisation. This paper is framed as a “report from the field” in order to provide insight into the early recovery scenario as it applies to organisations affected by the February 2011 earthquake. It is intended both to inform and facilitate discussion about how organisations can and should pursue recovery in Canterbury, and how organisations can become more resilient in the face of the next crisis.
CitationStevenson, J.R., Kachali, H., Whitman, Z., Seville, E., Vargo, J., Wilson, T.M., (2011) Preliminary Observations of the Impacts the 22 Feb Christchurch Earthquake is having on Organisations and the Economy. Bulletin of the New Zealand Society for Earthquake Engineering, 44(2), pp. 65-76.
This citation is automatically generated and may be unreliable. Use as a guide only.
ANZSRC Fields of Research40 - Engineering::4005 - Civil engineering::400506 - Earthquake engineering
14 - Economics::1402 - Applied Economics::140299 - Applied Economics not elsewhere classified
Showing items related by title, author, creator and subject.
McIntosh, J.K.; Jacques, C.; Mitrani-Reiser, J.; Kirsch, T.D.; Giovinazzi, S.; Wilson, T.M. (University of Canterbury. Civil and Natural Resources EngineeringUniversity of Canterbury. Geological Sciences, 2012)The 22nd February 2011, Mw 6.3 Christchurch earthquake in New Zealand caused major damage to critical infrastructure, including the healthcare system. The Natural Hazard Platform of NZ funded a short-term project called ...
Impacts of the 14th November 2016 Kaikōura Earthquake on three waters systems in Wellington, Marlborough and Kaikōura, New Zealand: Preliminary observations Hughes MW; Nayyerloo M; Bellagamba X; Morris J; Brabhaharan P; Rooney S; Hobbs E; Wooley K; Hutchison, S (2017)We present preliminary observations on three waters impacts from the Mw7.8 14th November 2016 Kaikōura Earthquake on wider metropolitan Wellington, urban and rural Marlborough, and in Kaikōura township. Three waters ...
Bradley, Brendon; Cubrinovski, M. (University of Canterbury. Civil and Natural Resources Engineering, 2011)