where does japan fall on the economic spectrum
Economy of Japan The economy of Japan is the third-largest in the world by nominal GDP and the fourth-largest by purchasing power parity (PPP).[13][14] and is the world's second largest developed economy.[15] Japan is a member of the G7. According to the International Monetary Fund, the country's per capita GDP (PPP) was at $37,519, the 28th highest in 2014,[16] down from the 22nd position in 2012.[17] Due to a volatile currency exchange rate, Japan's GDP as measured in dollars fluctuates widely. Accounting for these fluctuations through use of the Atlas method, Japan is estimated to have a GDP per capita of around $38,490.
Sakoku Japan traded at this time with five entities, through four "gateways". The largest was the private Chinese trade at Nagasaki (who also traded with the Ryūkyū Kingdom), where also the Dutch East India Company was permitted to operate. The Matsumae clan domain in Hokkaidō (then called Ezo) traded with the Ainu people. Through the Sō clan daimyō of Tsushima, there were relations with Joseon-dynasty Korea. Ryūkyū, a semi-independent kingdom for nearly all of the Edo period, was controlled by the Shimazu family daimyō of Satsuma Domain. Tashiro Kazui has shown that trade between Japan and these entities was divided into two kinds: Group A in which he places China and the Dutch, "whose relations fell under the direct jurisdiction of the Bakufu at Nagasaki" and Group B, represented by the Korean Kingdom and the Ryūkyū Kingdom, "who dealt with Tsushima (the Sō clan) and Satsuma (the Shimazu clan) domains respectively".[2]