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Page last updated at 10:11 GMT, Thursday, 17 March 2011

Disaster 'may produce stimulus' in Japan


The Secretary General of the Organisation for Economic Co-operation and Development, Angel Gurria, says he believes the cost of the Japanese earthquake and tsunami to the country's economy will be 2% of the country's GDP.

But speaking to Today presenter Evan Davis, he said he believed reconstruction could provide a boost to the economy and that it would be funded by the Japanese people.

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