Japan, the “Land of the Rising Sun” is a country where the past converges with the future. The Japanese culture stretches back to millennia, yet it is flexible to adopt and created the latest modern fashions and trends. Japan is a Country of many islands and the number goes up to 6,852. Among these four largest are Honshu, Hokkaido, Kyushu and Shikoku, which make up about 90-70 % of total Japan’s land area and often referred to as home islands. The country harbors highly skilled workforce and is among the most highly educated countries in the world, with one of the highest percentages of its citizens holding a tertiary education degree. Japan is one of the developed countries with a very high standard of living and Human Development Index.
The economy of Japan is a highly developed and market-oriented. It is the third-largest in the world by nominal GDP and is the world’s second largest developed economy. It is a member of the G7. According to some recent data, Japan’s economy expanded at the fastest pace for more than two years in the three months to June, with domestic spending accelerating as the country prepares for the 2020 Tokyo Olympics and low levels of unemployment encouraged businesses to invest. The world’s third largest economy recorded an expansion in second-quarter GDP at an annualized rate of 4%, making the country the fastest-growing of the G7 wealthy nations. This is just possible because of economic freedom in Japan is buttressed by political stability and a well-maintained rule of law.
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