Japan

Capital: Tokyo                    HDI: 0.890 (17th)

Language: Japanese        GDP (PPP): $4.751 trillion

Population: ~ 127 million     Currency: Yen

 

Japan has a highly advanced economy, high standard of living, and has long been a powerhouse of high tech industrial manufacturing. In particular, Japan dominates both the global electronics industry and automobile industry. Since the country is small and resource poor, it relies heavily on trade and is one of the world’s largest importers and exporters. The huge population benefits from a business climate that favors long term employment and job stability. The Japanese also benefit from having the longest life expectancy in the world as well as the lowest infant mortality rate globally. In an attempt to revamp and stimulate the economy, the government has been reducing government debt and negotiating trade deals that benefit the export reliant economy.

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