depend upon encouraging investment in the productive
sectors, maintaining a competitive exchange rate, stabilizing the
labor environment, selling off reacquired firms, and implementing
proper fiscal and monetary policies.

Jan Mayen:
Jan Mayen is a volcanic island with no exploitable
natural resources. Economic activity is limited to providing
services for employees of Norway's radio and meteorological stations
located on the island.

Japan:
Government-industry cooperation, a strong work ethic, mastery
of high technology, and a comparatively small defense allocation (1%
of GDP) have helped Japan advance with extraordinary rapidity to the
rank of second most technologically powerful economy in the world
after the US and third largest economy in the world after the US and
China. One notable characteristic of the economy is the working
together of manufacturers, suppliers, and distributors in
closely-knit groups called keiretsu. A second basic feature has been
the guarantee of lifetime employment for a substantial portion of
the urban labor force. Both features are now eroding. Industry, the
most important sector of the economy, is heavily dependent on
imported raw materials and fuels. The much smaller agricultural
sector is highly subsidized and protected, with crop yields among
the highest in the world. Usually self-sufficient in rice, Japan
must import about 50% of its requirements of other grain and fodder
crops. Japan maintains one of the world's largest fishing fleets and
accounts for nearly 15% of the global catch. For three decades
overall real economic growth had been spectacular: a 10% average in
the 1960s, a 5% average in the 1970s, and a 4% average in the 1980s.
Growth slowed markedly in the 1990s largely because of the
aftereffects of overinvestment during the late 1980s and
contractionary domestic policies intended to wring speculative
excesses from the stock and real estate markets. Government efforts
to revive economic growth have met little success and were further
hampered in late 2000 by the slowing of the US and Asian economies.
The crowding of habitable land area and the aging of the population
are two major long-run problems. Robotics constitutes a key
long-term economic strength, with Japan possessing 410,000 of the
world's 720,000 "working robots".

Jarvis Island:
no economic activity

Jersey:
The economy is based