Sunday, April 10, 2011

Urban-Economic Geography of Tokyo, Japan

Noeman.org
facstaff.gpc.edu

Tokyo, Japan has the largest metropolitan economy in the world, and is one of the three world finance “command centers” along with New York City and London. Tokyo is a major international finance center, housing 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. Tokyo was rated by the Economic Intelligence Unit as the most expensive (highest-cost of living) city in the world for the past 14 years. The average salary in Tokyo is around $50,000, which is much higher than other cities like Osaka and Nagoya, where the average is only $28,000.

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