Key Facts
- GDP (ppp) per CAPITA
- $34,200 (2008 est.)
- Inflation Rate
- 1.4% (2008 est.)
- Population
- 127,078,679 (July 2009 est.)
- Country Risk Ratings
- A2
- Ease of Doing Business
- 12/181
- Global Competitiveness
- 5.38/134
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Japan : Introduction
In 1603, a Tokugawa shogunate (military dictatorship) ushered in a long period of isolation from foreign influence in order to secure its power. For more than two centuries this policy enabled Japan to enjoy stability and a flowering of its indigenous culture. Following the Treaty of Kanagawa with the US in 1854, Japan opened its ports and began to intensively modernize and industrialize. During the late 19th and early 20th centuries, Japan became a regional power that was able to defeat the forces of both China and Russia. It occupied Korea, Formosa (Taiwan), and southern Sakhalin Island. In 1931-32 Japan occupied Manchuria, and in 1937 it launched a full-scale invasion of China. Japan attacked US forces in 1941 - triggering America's entry into World War II - and soon occupied much of East and Southeast Asia. After its defeat in World War II, Japan recovered to become an economic power and a staunch ally of the US. While the emperor retains his throne as a symbol of national unity, elected politicians - with heavy input from bureaucrats and business executives - wield actual decisionmaking power. The economy experienced a major slowdown starting in the 1990s following three decades of unprecedented growth, but Japan still remains a major economic power, both in Asia and globally. In January 2009, Japan assumed a nonpermanent seat on the UN Security Council for the 2009-10 term.
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quick links
Japan: Country Commercial GuideJapan: World Bank Doing Business Indicators
Japan: Economist Country Briefing
Japan: BBC Country Profile
Japan: MSU Global Access
- Japan: Bank of Japan
This website provides information on the Bank of Japan's monetary policy, financial and payment systems, research papers and current applicable financial statistics. Available in English and Japanese.
- Japan: Ministry of Economy, Trade, and Industry (METI)
Reports on current topics, statistical releases, various economic reports, external economic policies, trade information, white papers and much more are available. Site available in English and Japanese.
Sources:
CIA World Factbook (September 2009)
U.S. Dept. of State Country Background Notes (October 2009)