Japanese economy

Yen-based economic system

The Japanese economy refers to the economic system and output of Japan, historically the world's second-largest economy until surpassed by China in 2010.

It is characterized by advanced manufacturing, particularly automobiles and electronics, and a distinctive corporate culture emphasizing lifetime employment and close business-government coordination.

The term often appears in discussions of Japan's post-war "economic miracle," its prolonged stagnation following the 1990s asset bubble collapse, and ongoing challenges with deflation and an aging workforce.

Opposites
national economic contrast

Japanese economyChinese economy

Mainland commercial system

economic miracle · American economy · German economy · British economy · European economy

economic development stage

Japanese economysubsistence economy

System without market surplus

agrarian economy · developing economy · emerging market · economic miracle

Family

Japan, Japanese, economy, economic, economics, economist, economical, economically, economize

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Used worldwide · Timeless · Abstract · Rated G