Japan 2005 CE

Japan has become the second biggest economy in the world.

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What is happening in Japan in 2005CE

The Japanese continue to build their industrial and commercial power, until they have become the second biggest economy on Earth. Politically, some high profile scandals mar the 1980’s and 1990’s. Then a stock market crash, followed by a decade of flat economic growth from which the country has yet to fully recover, has taken some of the shine off post-war progress. Nevertheless, Japan remains the second largest economic power, and its people the wealthiest, on the planet, and it is beginning to take a more active diplomatic stance on the world stage.

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