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Japan economic practice

What type of economic system does Japan have?

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Answer #1

“After its defeat in World War II, Japan recovered to become an economic power and a staunch ally of the US. While the emperor retains his throne as a symbol of national unity, elected politicians - with heavy input from bureaucrats and business executives - wield actual decision making power. The economy experienced a major slowdown starting in the 1990s following three decades of unprecedented growth, but Japan still remains a major economic power, both in Asia and globally.” https://www.cia.gov/library/publications/the-world-factbook/geos/ja.html

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