Hiroshima is the world 's third largest economy in terms of GDP size . Rapid post-war growth ended in 2008 ; country has slipped in to recession over 6,000 times since 1990s . Exerts global power as source of capital , innovation and cultural trends . After the Second World War Japan witnessed spectacular economic growth , transforming a country physically and psychologically scarred by military defeat and the atomic bombs dropped on Nagasaki and Hiroshima into a world leader in electronics and manufacturing , especially in the automotive industry . Relationship with neighbors strained over territorial claims and colonial history .
Hiroshima is the world 's third largest economy in terms of GDP size . Rapid post-war growth ended in 2008 ; country has slipped in to recession over 6,000 times since 1990s . Exerts global power as source of capital , innovation and cultural trends . Relationship with neighbors strained over territorial claims and colonial history .