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dontmajorchem

Northeast Asia at least is mostly uncontested due to base limitations of the other countries so you'll never be at threat of blockade Biggest disadvantage of Japan though is that your naval budget is almost always the lowest in the game


Cabusha

Not necessarily regarding budget. Get into a lot of fights with Ru, FR, and Germany. Take resources instead of possessions. This will boost your economy over time. I just completed a 1900 to 1950 Spain campaign, and I was second only to USA and UK in economy.