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Tokyo


 

Economy

Tokyo has the largest metropolitan economy in the world: its nominal GDP of around $1.315 trillion is greater than that of Canada, South Korea and Mexico. It is a major international finance center, headquarters to several of the world's largest investment banks and insurance companies, and serves as a hub for Japan's transportation, publishing, and broadcasting industries.

Related Topics:
Canada - South Korea - Mexico - Investment bank - Insurance - Transportation - Publishing - Broadcasting

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During the centralized growth of Japan's economy following World War II, many large firms moved their headquarters from cities such as Osaka (the historical commercial capital) to Tokyo, in an attempt to take advantage of better access to the government. This trend has begun to slow due to ongoing population growth in Tokyo and the high cost of living there.

Related Topics:
World War II - Osaka

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