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Part I Northern Asia, 1 Japan »

Yoshimi Ohara, Shuji Yanase
From: Asia Arbitration Handbook
Edited By: Michael Moser, John Choong
1.01 Japan has a parliamentary cabinet system with a constitutional monarchy. While the emperor retains his throne as a symbol of national unity, elected politicians hold actual decision-making power. 1.02 Japan is one of the world’s major economic powers. In 2009, Japan’s nominal GDP was 471 trillion Japanese yen1 (US$5.1 trillion2), and GDP per capita was 37,185 Japanese yen (US$39,740).3 Japan is one of the largest exporters/importers in the world, and its major trading partners are China and the United States.4 1.03 Following its defeat in the Second World...