
Economy
Japan has one of the world's largest and most advanced economies, a global leader in high-technology manufacturing, automobiles, and electronics that rebuilt spectacularly from the devastation of World War II.
After decades of stagnation and deflation following its early-1990s asset bubble, Japan struggles with enormous public debt and a rapidly aging, shrinking population, even as it remains a wealthy, highly developed nation.
Key sectors include motor vehicles (Toyota, Honda, and others), electronics and machinery, robotics, precision instruments, steel, and chemicals, backed by sophisticated finance and services.