The Kingdom of Aoyama (青山王国, あおやまおうこく) is a small nation situated between the islands of Hokkaido and Sakhalin. A constitutional elected monarchy, it's one of the few countries in the world where a monarch is elected by its own people. The country is also informally referred as the Aoyaman Empire, partly in reference to the numerous "dominions" or self-govered protectorates it holds. The current head of government is Prime Minister Masanori Kitaro.
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Aoyama has a highly developed economy. Media is flourished into a top export product for the country. Despite the country's small size, its founded eight major television networks.
Political conflict has greatly hampered economic growth. As a result, public debt has gone rampant. Aoyama currently has accumulated over US$400 billion in public debt, nearly 150% in ratio to Aoyama's GDP. Yasutaka Advisors expects the Aoyaman economy to shrink 3% in 2010.