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Eurasia Center Brief Analysis EC/2022/7. –  The economy of Japan

Abstract

Japan is one of the largest and most developed economies in the world, with a well-educated and hard-working workforce, and its population makes it one of the largest consumer markets in the world in terms of size and standard of living. Its post-World War II economic growth was unprecedented. Japan was the second largest economy in the world from 1968 until 2010, but the emerging China has overtaken. This briefing looks at the question of whether the revival of the Japanese economy will be successful and the country will preserve its outstanding ranking in the world economy.

Keywords: Japan, economy, GDP, COVID-19

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