Japan: Trade and Investment Profile
Nestled serenely in the Pacific Ocean towards the Far-East, Japan has a history, culture, and an economy that belies its diminutive footprint. Emerging from the embers of World War II, Japan levitated to the enviable position of the world’s second-largest economy in the world during the late 60s and held that position continuously for more than four decades. Although China has raced past Japan to become the world’s second largest economy in 2011, it was Japan that set the precedent for growth in Asia, way back in the 1950s, by adopting an export-based economic model. Japan still accounts for nearly 9% of the world’s GDP. Barely the size of California, Japan ranks tenth globally according to headcount with a population density over ten times that of the USA.
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