Japan

An archipelago in the Pacific, Japan is separated from the east coast of Asia by the Sea of Japan. It is approximately the size of Montana. Japan’s four main islands are Honshu, Hokkaido, Kyushu, and Shikoku.

The Ryukyu chain to the southwest was U.S.-occupied from 1945 to 1972, when it reverted to Japanese control, and the Kurils to the northeast are Russian-occupied.

Japan is remarkable for its extraordinarily rapid rate of economic growth in the 20th century, especially in the first several decades after World War II. This growth was based on unprecedented expansion of industrial production and the development of an enormous domestic market, as well as on an aggressive export trade policy.

Conditions improved after the turn of the 21st century, though growth rates were modest and were punctuated with periodic slumps. However, by 2000 Japan was facing the fact that an increasing number of postwar “baby boom” workers would be retiring, while, with the country’s population growth also stagnant, fewer young people would be entering the workforce.