By S. Carpenter
An research and exploration into the effect of Japan's 2011 nuclear hindrance. research of the catastrophe will pose questions relating to why Daiichi used to be developed in an earthquake-prone region and was once nonetheless working regardless of difficulties that have been plaguing the reactors considering 1989 reminiscent of cracks in infrastructure and leaks in radioactivity.
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Extra info for Japan’s Nuclear Crisis: The Routes to Responsibility
In addition, they revealed how the ministries used Special Corporations to distribute funds to companies to cover contracts for public works, and how amakudari not only tied ministries to businesses but also facilitated connections between businesses and former bureaucrats, who migrated first to Special Corporations before moving on to the private sector. The book’s most significant contribution was the reporting on how amakudari and the temporary posting of elite officials in the branch offices of Special Corporations in the prefectures (shukko) helped the ministries to monitor local government policies.
To further complicate matters, Fukushima Daiichi had three active reactors that were not cooling properly. The plant, built in 1971, is one of the oldest in Japan and, according to TEPCO, there were differences in the degree of safety levels between Daiichi and the newer plants regarding power source equipment such as emergency diesel generators, transformers at the reactor cores and pumps for pumping in seawater to remove residual heat from the cores. Toshiba and Hitachi had installed emergency generators and pumps in the newer plants but similar equipment was not installed in Daiichi.
The contract called for government to pay at least $45 billion to cover bank losses. The bank was renamed Shinsei (‘new life’). LDP members in the Diet were not pleased with Ripplewood’s purchase of the state bank. The media also expressed displeasure at the entry of foreign venture capital firms into Japan. 4 billion and then sold more shares for $3 billion in March 2005, earning over $6 billion for its investors, there was public outcry since government investment in the bank to seal Independent Administrative Institutions: In Name Only 35 the deal was twice that of the American consortium.