JAPAN IS AN ISLAND WITH CURIOUS CONSTRAINTS. It has no energy resources, so is the leading coal and liquified natural gas importer, second oil importer, and consequently has a nuclear power policy. It does not farm animals to a great extent and imports 60% of its calories (except rice), and with the world’s largest fishing fleet, this 1.8% of the world’s population eats 15% of the annual world fish catch. With 98.5% of Japanese ethnicity, and an elderly bubble, it must face a change immigration to endure s future workforce and tax base. These constrains significantly shape its choices.