The Izu Islands are a group of volcanic islands and form part of the Fuji-Hakone-Izu National Park. The islands in order from closest to Tokyo are Izu Ōshima, Toshima, Niijima, Shikinejima, Kozushima, Miyakejima, Mikurajima, Hachijojima, and Aogashima. Izu Ōshima and Hachijojima are towns. The remaining islands are six villages, with Niijima and Shikinejima forming one village.
The Ogasawara Islands include, from north to south, Chichi-jima, Nishinoshima, Haha-jima, Kita Iwo Jima, Iwo Jima, and Minami Iwo Jima. Ogasawara also administers two tiny outlying islands: Minami Torishima, the easternmost point in Japan and at 1,850 km the most distant island from central Tokyo, and Okino Torishima, the southernmost point in Japan. The last island is contested by the People's Republic of China as being only uninhabited rocks. The Iwo chain and the outlying islands have no permanent population, but host Japanese Self-Defense Forces personnel. Local populations are only found on Chichi-jima and Haha-jima. The islands form the village of Ogasawara.
Tokyo is one of the three world finance "command centres", along with New York 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$1,191 billion in 2005 (at purchasing power parity), ranking again as the largest urban agglomeration GDP in the world.
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.
Tokyo was rated by the Economist Intelligence Unit as the most expensive (highest cost-of-living) city in the world for 14 years in a row ending in 2006. This analysis is for living a Western corporate executive lifestyle, with items like a detached house and several automobiles.
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