|
HDR Photos Of Tokyo, Japan
|
Economy
Tokyo is one of the three world finance "command centers", along with New York City and London. Tokyo has the largest metropolitan economy in the world. According to a study conducted by PricewaterhouseCoopers, the Tokyo urban area (35.2 million people) had a total GDP of US$1.479 trillion in 2008 (at purchasing power parity), which topped the list. As of 2009, 51 of the companies listed on the Global 500 are based in Tokyo, almost twice that of the second-placed city (Paris).
Tokyo is a major international finance center, houses the headquarters of several of the world's largest investment banks and insurance companies, and serves as a hub for Japan's transportation, publishing, and broadcasting industries. 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.
|
|